most banks or HML wont fool with that low of loan balance.. local banks will for local clients.. but rarely for those that live out of market. too big of risk of failure in those low values assets.. they know the risks.

My last BRR (no refi) basically breaks-even, but added 55% equity to my balance sheet. 

One of the most difficult aspects of this job is procuring leads.

Finding a loan for a property under $50k proved to be difficult.

Finding a loan for a property under $50k proved to be difficult.

It's very difficult but not impossible.

What I do to see if the seller is motivated is, I pull title reports on properties to see how much a seller paid for the property and the balances of the mortgage.

Just wanted to get a sense for how difficult it is to put some capital to work.Thanks for the time and consideration,Patrick

But like @Amanda G. stated, it can be difficult to pull a HELOC from an investment property.

While not necessarily the belief of most on here, we wanted to be debt free in our retirement, so the faster we could get there, the better.We balance between index funds and real estate, with some other business interests thrown in for fun.