That can help give some guidance on what to expect for capex budgets.

A mentor of mine with 400 units told me I can use a large seller credit to cover most of the down payment on a property I'm looking at.

Gottfried:Hopefully you and your wife are still into real estate.You or anyone else can join us on Oct. 2 (6pm) at the Tailgate Brewery on Market Street in Chattanooga for this real estate meeting.

In my mind I think it would be ideal to wait until I get a "no-brainer" but notice as I drag my feet applicants tend to get antsy for a decision (Which I can appreciate).3.

You can request counties to re-auction parcels that failed to get any bids. 

I can PM you his name and bank.

It will enable you to continue living for free while your residents pay off your mortgage for you.There are several turnkey companies in the middle/southern part of the country where you can buy high quality single families for under 275k in landlord friendly states.

I know that cash flow can be alluring...but I see you are in Ogden- I'm just over in Boise and our markets are pretty similar. 

A Heloc is loan that can become a sore thumb if not used correctly and can hurt the property it's on and the users credit.If you are going to use the funds for a down payment then a Cash out refinance is what you want to do to get the cash in hand. 

If anyone has expertise in this area or can provide guidance, I’d greatly appreciate it.