I recently purchased an investment property in Montgomery, AL—a 5-bedroom property close to a major hospital in the area.

I would use the HELOC for a down payment on the prospective investment property and then try to secure a conventional loan(right??).

The local bank allows me to purchase 2-4 investment units with a 30 year conventional loan + renovation loan for all fixes with 20% down The renovation loan is kept in an escrow and paid to the contractors as the work gets done.Anyone buying 2-4 units and doing it this way?

Quote from @Cheng Zhong: Ocklahawa's appreciation is slow, and it's a choice you need to make based on your own needs, and I personally don't recommend you do that if you're buying an investment at this stageThank you for the response!

I looking at MFP to start investing and wanted to see if anyone had any experience or knowledge about Chichester (Boothwyn), Sharon Hill (SE Delco) and Darby/Upper Darby. 

Hi BPDoes anyone know how to obtain lending for an investment property outside the United States?

I have done well with tax sale investing but like I said in the beginning the laws vary tremendously.

If I'm understanding correctly, for a cash refinance...If you buy an investment property, fix/repair it, and get a higher appraisal, you can then take the $ difference and put a down payment on another investment, etc.If so, are there tax implications with a cash refinance?

Hey Devin, They can definitely be overwhelming, but they’re crucial for making informed decisions in real estate.As a hard money lender, I often focus on a few key metrics when analyzing deals:ROI (Return on Investment): This is fundamental for assessing the overall profitability of a deal.

@Michael MattinglyRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.