What the teaching material means one should consider positive cash flow and have good return.

I'm a big proponent of very specialized 1st position Heloc that has the staying power more similar to that of a traditional mortgage.

. - My wife and I refinanced to a first position HELOC to get access to 80% equity.

That may not be a great assumption, but I also don't think I will be in a position to ask for the first lien on the property with only a $25k investment.

If you're cash flow positive after paying off all expenses (insurance, property tax, include 5% vacancy, etc.), it's never a bad deal.

Hard money is definitely going to cost more and like you mentioned you can't offer a first lien position.

Hi there,I need some help deciding if I should cash out of my primary home turned rental property (located in Orange County, California) before I am on the hook to pay taxes on capital gains, and pocket the equity or hold it long term with positive cash flow and possibly a retirement income.

However, if a correction happens, is your job/position guaranteed when companies are trying to mitigate losses? 

The underwriting for a 2nd position mortgage is 2x as conservative as a 1st position mortgage, due to risk (HELOCs are in 2nd position).

Will put 30% down.I just start working after 2 years brake.My salary can be W2 or 1099.1 - Which way I better look in front of tradional lenders?