I think a HELOC is a great tool for flipping, or for using the ‘BRRRR’ strategy (Buy, Rehab, Rent, Refinance, Repeat) which can get you rental properties with very little out of pocket after the refi.

It's a great tool for learning the math.All the best-Chelsea

I'm in the process of selling my catering business(REI money!)

Hi everyone,I have a basic profile on Bigger Pockets and the tool may exist but I just can't find it or I need to upgrade my account.

Unless you can cater to a different class of people like mid-term rental or something like that you may need to lower your rental standards (just not too low). 

Hello fellow investors,im new to investing, i had my real estate license for 3 yrs, spent thousands on starting my R.E.I. business i have tools and websites that allow me to get all the info on pre foreclosures (lender's attorney info, and borrowers home address), addresses of cash buyers, generic contracts (need a nys attorney to modify), i even have access to POF and funds (100% transactional funding & 50% buy and hold funding) but i can't seem to close my first deal.i understand i need to have my own attorney and cpa but i have no more funds to pay for their services. i also tried to do some wholesaling but nyc is a tougher market than i thought.any advice on what i can do?

I'm a corporate finance analyst by trade so I immediately went looking for modeling tools and found some great work here at the FilePlace - all for free!  

Hopefully I can get familiar with the deal analysis tools on here and use that to help me.Thanks again for your insight and time. 

Of course, welcome to one of the coolest resources and educational tools for starting out in real estate.

BiggerPockets is a great tool!