(List price is $619K)-- We are concerned about the monthly costs to support a hard money loan AND do a HELOC.-- Our current rental can support a higher mortgage payment (with the HELOC), and still have $200+ positive cash flow after the refi.b.

And by little, I mean $50k-$60k.I was just listening to the latest episode about what to do with $50k and it’s talking about using that as a down payment, which would get you a house for, say,  $180k - $200k.

It was just somewhere to throw money when I needed to.

Welcome to Bigger Pockets Alan!

I’m aiming for a balance of reliable monthly rental income and long-term appreciation.

Hi @Yaumari Gonzalez welcome to BP.

Looking for advice or books to pick up to read.

Look for similar square footage, close by sold last three months.

I grew up in England, UK I struggled to find a profitable market and working a 9-5 job, the hassle of living on payslip to payslip had inevitably led me to venture outside the country.

You may want to look into making them condos .