I've found this pretty helpful as a starting point.

I'm particularly passionate about Rental income, Real Estate Financial Analysis, Probate and pre-Foreclosure Investing.Outside of real estate, I enjoy tennis, chess and stock investing.Excited to learn and connect with you all!

I live out of town but I can come into town for a week or 2 to complete some of the easier jobs.

Currently paying around 9.5% interest.

Anyone have experience with this alternative creative financing vehicle? 

As far as I can tell this tenant has a handshake agreement at this point with the landlord prior to me. 

It seems this owner put in way too much, another words over paid, for a rental. 

Don't get caught into over renovating.  

.), where things are (cleaning supplies, trash, etc.) and points of interest in the area (such as local attractions and restaurants).As I am new and definitely still learning, if I missed something please let me know.Wish you the best as you get set up!

A Heloc is a open end mortgage like a credit card so its an additional trade line on credit, cannto never be used as an Asset, PITI reserve, and its a DTI killer in most cases.A heloc is also usually set up on a shorter term versus a mortgage, carries a Higher interest rate, and most carry a interest only with a prepayment penalty.