That's why I think it is a great place for this kind of investment.

I'd love to hear what kinds of things you use your lawyers for and what qualities you look for in a lawyer.

@Adam Adams3 appartment buildings and 6 houses with 40k in hand121k gross income at say 10% annual that's 1,2m worth of real estate That's a 30:1 leverage...or 97% LTVI want the name of your lenderHonestly after the subprime crisis mess, i thought they would ban that kind of excessive leverage but it seems it is back to business as usual

I would like to contact the real estate agents for each property, what kind of questions do you suggest I ask?

Hey @Nhi Nguyen, super kind of you to volunteer to show people the ropes.I'd love to tag along and learn!

we are talking to someone we know about buying his inherited property.we just did a title search, it has a lot of taxes owed. something else I didn't think about, it shares a common walkway with other houses. 

Originally posted by @Tom Gimer:@Patrick MartoneIf you refi out of your HELOC, your line of credit will be closed and you will no longer have access to it.If you have a bunch of equity in the subject property, you could ask the bank to increase the line OR or you could get a new first and at the same time pay down and subordinate the HELOC.Hmm,  I'll have to double check, but the fine print mentioned something about getting up to 3 fixed-rate loans. it seems common across different institutions.

You must be some kind of miracle worker...maybe you should go into medicine!

., common area, bathrooms, exterior, etc.), a portion will be considered nondeductible since the repairs and maintenance are for you, personally, too.Hopefully, this helps and good luck with your new house!

Any kind of investment real estate can be sold and exchanged for any other type if investment real estate.