Without a strong NAR (as well as strong local boards here in the capital region), our industry wouldnt have gotten that extremely valuable deduction. $50k in tax savings for me personally.

Looking to meet mortgage brokers in miami and broward regions.

I feel it is quite expensive, compared to other regions.

There is no Fannie/Freddie in the HELOC world; each lender is just making up whatever guidelines they want.The most liberal HELOC lenders will be regional/local banks.

Our region is somewhat cooling off as it is, so finding those pockets where appreciation is rapidly rising can be difficult.You asked if it was a good deal, but the bottom line is that it depends upon the area, comps and trends in that area.

I'm definitely not making the case for appreciation, but the Mississippi Gulf Coast is as affordable as the rest of the state, but has a vibrant economy based on tourism, military bases an international airport and casinos.

And not only that, but BRRR is a very tough strategy to make work here in the capital region if you're rehabbing anything 4 units and smaller, because the banks generally appraise smaller properties based on comps, not on the economics of the property, so even if you get awesome rents and manage it perfectly and make boatloads of money on the property, there are too many other similarly-sized properties on every block that are selling for peanuts because they're dumps, and the banks still let that drag your value down.  

Many of them are regional and some are only for specific towns.  

Local banks are often a much better source than gigantic national banks and even regional banks. 

The link to the full article is here "If you don't feel like reading here are the Key takeaways:Las Vegas has been the top performing rent growth market from both 2016 to present as well as 2018 to presentPhoenix and Tucson have also consistently been top performing marketsColorado Springs leads all markets with gross rent growth of 70% between 2009 and presentSince 2014 Sacramento has been the strongest market with rents up 50%TOP 20 MARKETS BY REGIONWestern markets have been the top performers over each timeframe dating back to 2009Only one Northeast market has been in the top 20 – Boston ranks 18th since 2009, and 10th since 2018The Southeast markets have narrowed the gap with the Western markets, as they now represent 8 out of the 20 best performing markets dating back to 2016Fort Worth and Austin are the only markets representing the Central region of the countryRight now I'm focusing on STRs so I'm in a slightly different dynamic, but it's good info for myself when I move to purchase my first LTR or multi-family.Merry Christmas and Happy HolidaysPaul