Hey BP Community,
I’m just getting started in wholesaling here in Worcester County, Massachusetts, and I’m actively building out the foundation of my business. As I move from learning to taking real action, I’m looki...

My husband trusts his mentor completely and is entertaining the idea. 

If you go to a bank to borrow the $49K (50% of 98K of the equity); that will put your loan to value above 85% ($249K 1st trust + $49K HELOC or HELOAN / $348K value). 

I hope you're able to make lots of connections and learn a great deal about real estate investing to build that passive income wealth.One thing I may recommend if you're very new to things, and if you haven't done so already, is to learn about Trusts and LLCs as you begin your real estate investment journey, either investing on your own or with partner investors.

There’s a TON of potential for AI in property management, but the line between “helpful efficiency” and “soulless automation” is real, and crossing it can damage trust with tenants.AI works best when it’s used to free up time for humans to be more human — not to replace genuine connection or common decency.

Outside of that I still want to hit that number by late 30's I've been trying to figure out how to buy a cash flowing business with little to no money down I've had thoughts of using my heloc to then use on an sba loan to buy a business and I've also thought about taking out a life insurance policy to then put inside of a trust along with the home and borrow against the trust but I was advised not to do that from a Financial Advisor since the rates would be too high and it would take longer to build the wealth.

If yes, what safeguards did you use (inspectors, trusted agents, photos)?

They are part of my trusted investors team here in the Reno Tahoe area. 

Many investors rely on trusted local co-hosts or property managers who handle guest communication, cleaning, and maintenance while keeping them in the loop.

Having someone local you trust, especially with 50+ years in construction is a big deal, even if the market isn’t amazing.