I'm in Alabama and looking for cash out funding to move onto my next property. 2 years ago I did find a company that I did a cash out with at 4.35 APR...but the could only do it on primary residence.

@Al Williamson.  

@Al Williamson Your last paragraph is an excellent point!

The areas that I have narrowed down to are pretty much anywhere in Texas, Birmingham, Al, Garfield Heights / Cleveland, Ohio, and Chicago, IL.

I'm from Birmingham, AL originally and now live and work in Fort Myers.

But l am also really spooked living in Austin where we've been officially labeled the second most overvalued city in Texas by Forbes, et al.  

When calculating ROI, take annual net cashflow and divide by ALL cash invested (downpayment, appraisal, inspection, annual insurance paid et al.)ie $3,600 / $20,000 = 18% ROI

We also don't have our heart set on living anywhere in particular.We've got a few leads to great deals---some in Cleveland, OH and Birmingham, AL, to name a couple.

I got my pro account last week after staring up like a month agoFind your lane ( the place you want to start first)REI meetups(meetup app) these events will put you in the exact place you need to be to actually get al eg upAttend the webinarsGo get business cardsSomething Im also working on is fixing my credit and saving money.Educate yourself on real estate investing, especially whichever part you want to start with.

The tax deed property has been sold to the state of alabama for tax liability for three years.