HMLs are a higher risk loan product that are meant for experienced investors although many will still lend to new investors.

You are putting money in.

Hi Dave,The topic is 2 years old which you might not have noticed.Closed at a 7 must have been urban core in a highly desirable area.I am seeing trade at a 9 here with no rent bumps in the primary term.For anyone wondering many tenants are credit tenants.There is a huge difference in that INVESTMENT GRADE tenants are BBB- or higher.The ones below that are considered junk status by many lenders which doesn't make them a bad investment just harder to get financing and more to put down.The dollar stores (there are 3 big brand companies nationally) with other smaller regional knock offs are okay as long as you are not buying in obscure rural locations.The fronts are usually brick facade and the sides are sheet metal.You second and third generational tenant will not have the same per sq ft sales they will leaving you with less of a re-rental return.Having said this I have seen some very nice all brick ones where the city required a certain architecture and look to approve the building permits and process.Those typically run 1 million in price to 1.2 versus the cheaper ones in rural areas at 500k to 800k.

Co-living, on the other hand, mitigates this risk by creating multiple income streams.

Or are you planning to put 100% of the risk/cost of vacancies, furnishings and tenant nonpayment on the owner with you having 0% risk?

Unlike HELOCs on a primary residence, investment property HELOCs tend to have higher interest rates, stricter terms, and the risk of being frozen or called due by the lender.

There will be a promissory note drafted for the amount and the duration and interest rates.Is there a risk involved? 

Buy a sofa and keep the sofa bed to keep the extra-capacity, at the risk of cluttering the living room too much?

You can put 10% down on these.

Rtp nova project - all principal at risk (failed project)?