Currently our favorite idea is a SFH we can convert to an up down duplex by sealing off a staircase with an ADU on the property for us to live in.

Some rehab lenders have favorable refinancing programs to convert the rehab loan to permanent 30 year financing.

During this 24-month period, the property must be rented to another person at a fair market rental value.After the 24 month period your sibling could convert it into a primary residence.

Most take 6-9 months to find the right asset to buy but occasionally some convert within 90 days.

If you convert a main home to a rental,  you do not get the full $500k exclusion.

Income approach Also known as the rental income approach, this method estimates the market value by analyzing the property's anticipated future income and converting it to a present value estimate.

Quote from @Conte Cuttino: Property is in C+ area but in a different School district that’s B-If I sale I’ll get 30k profit after 9 months.If I keep as a Long term rental I’ll have to convert the garage into a illegal 1 bed cottage at an additional cost of $35k leaving a total of $107k left in this deal after 70% refi and closing cost.

Why it works: A well-crafted landing page can convert visitors into leads by offering immediate value in exchange for their contact info.* Automate Follow-Ups to Stay Top-of-MindMost wholesalers lose deals because they don’t follow up consistently.

I'd like to use this to make an "all-cash" offer on a SFR, and then convert that to a conventional mortgage to pay off the HELOC.  

I need to convert it to a business checking, but have not done so yet.