Investment Info:
Single-family residence buy & hold investment in Columbus.

Purchase price: $36,000

Cash invested: $50,000

1200 sq. ft. Single-family 3bd,1.5 baths purchased from a wholesaler. ...

Please help me think through what I might be missing and any suggestions of other creative ideas.Purchasing a BRRRR property in price range of $50K-100K with $20-50K of rehab needed. (70K-150K ALL IN)Currently have:- HELOC against Primary for 60K @ 4.125% and another 40K liquid for the investment. = $100K- interest free credit cards for 21 months with 0 interest = $75KMy thought process was to buy with HELOC and cash and rehab with 0% interest credit cards. 

I am in the process of searching for my first brrrr investment.

It will be a BRRRR in sense that I'm going to be able to add significant value to it and get some money back out but my question is can I use a HELOC on the rental to pay off the HELOC on my primary residence?

This will be my first brrrr, just wanted to get opinions on these numbers.

My current plan was to pursue the BRRRR method and just hang onto the profit from my current home.However, after watching the market from afar.

My main goal is to find good deals, in Oregon and in other states, and primarily do BRRRR.

We were assuming we’d have to go the commercial route but this DSCR method does sound fascinating!

I wanted to go OOS and BRRRR everything, just as it is promoted on BP, but in the end I had a really tough time finding an agent I was comfortable on using in the market that I was looking at and couldn’t overcome the fear of getting taken advantage of, so I decided that I will start locally, even though it would be really tough for me financially.

I am selling a property and immediately purchasing a BRRRR investment with the gain via 1031 exchange.