A knowledgeable realtor should be comfortable discussing these concepts and applying them to potential properties.Ask about their network of contractors, property managers, lenders, and other professionals who can assist with your investment.Taking the time to find a REALTOR with the right experience and expertise will help ensure that you make informed and profitable investment decisions.

Prices have gone through the roof in Ludlow in the last year to the point where most of my analysis only breaks even if I am being conservative.

@Michael Baum this is awsome, I am now even happier that I chose these LG machines.

Helocs must also be calculated in underwriting based on fully exhausted payment meaning even if you only use a portion during the next purchase they underwriter will hit you with the full payment for risk.Cash out on the other hand is a liquid reserve tax free and it only requires (1) mortgage/lien.

Is it not a good deal if you will not be able to get your money back even if you are debt-free on the property plus some remaining cash after refi?

I see you are from Atlanta I have two banking contacts who can assist w the Equity Line as I have done this a bunch of times. 

I've wondered if I can use the address even though I don't receive mail, or possibly getting a P.O.

But I also felt strongly that I wanted to live there myself for my bachelor years, that I should take advantage of low interest rates, and that it would eventually at least break even as a rental.. so no regrets.

BiggerPockets also has a calculator you can use to analyze deals and I highly recommend you start this as soon as possible, even if you are not ready to buy.

Hi,I have an opportunity on an Off-market deal, but I am not sure how to approach it and am reaching out here to see if I can get any advice.Here are the facts:Owner is retired and recently moved to assisted living and is ready to sell the house.