Hi Keaton, Would you be purchasing a new primary residence or investment property?  

For example, say the owner took out a 1 Million loan for his building 5 years ago, now is selling it at 2M. 

I purchased my first investment property in NC (previously properties were in California).

I know it is much harder to find deals in Fort Collins, but I know people are still investing here and having success. 

The total investment is $300,000, funded by cash and a HELOC (current balance $156,000, monthly payment $1200).My initial plan was to sell the property for $350,000, making a $20,000 profit after closing costs. 

Any advice on which neighborhoods are great for investing is greatly appreciated.

Investment Info:Single-family residence buy & hold investment.

If you see someone violating the rules, create a post with "@moderators" and we will receive a notification and respond.Again, welcome to BiggerPockets and happy investing!

I am more than happy to share my preferred lenders that specialize in investment properties, home inspectors, contractors, landlord and builders risk insurance carriers, and CPA's that know to do cost allocation studies with my investor clients (that's how you know you have a CPA that knows real estate investing accounting).

Hello BiggerPockets,I'm seriously thinking about using Home Equity Investment (HEI) to become debt-free, but I want to make sure I understand all the details before diving in.