These markets are strategically chosen based on:Median home prices between $250K–$350K(too low, and sellers don’t have enough equity; too high, and motivation is low).Midwest-focused markets, where prices are affordable and seller motivation is higher.We don’t waste time chasing unqualified responses.

Great job getting that deal closed, Marcus. sounds like you’re in a solid position with plenty of equity to work with.

I always look at payment history, lien position, and the property’s current value, but I also try to understand the local laws and what my exit would look like if things go sideways.

Murry, welcome and what a nice strategic partner you have on your team. 

There is room to go higher if need be for a better cashflow positive property. 

Now proudly working with Modern Community Capital, Michael specializes in helping clients buy, sell, or invest in income-producing and development-ready properties across the Hudson Valley and surrounding areas.He brings a large, well-connected network of investors, developers, and property owners to every transaction—ensuring fast, strategic results.

But while I was doing the lender dance to see who would fund it and under what terms, it went under contract with another buyer.So to solve this often repeating problem, I'm seeking a lender who will give me a $500K to $1M HELOC in second position against the millions of dollars of equity across my portfolio - as I do not want to disturb my 3% and 4% first position mortgages.

These below market interest rates make the properties positive cash flow. 

Maybe target 80% positive with 20% positive-spin negative.You can also start posting about the deals you're finding and what makes them attractive. 

Hey Don, want to first start off by saying I am sorry to hear about the diagnosis and hope things trend more positively soon!