You were able to buy a property off market, do powerful renovations, and now you are sitting pretty with 4 rentable units and lots of equity. 

Buyers have significantly more negotiating power.

QuickBooks is very powerful.

I signed a form “giving them the power” but I don’t remember if it was even notarized, probably just docusigned. 

This swift transaction highlights the power of strategic partnerships and market timing.

And don’t forget the power of virtual tours this can help make it easy for out-of-town buyers to get a feel for the property without having to travel.The bottom line is, you want to sell the dream of owning that property—not just the reality of the house.

Hey everyone,I’ll keep this short and would love to hear from investors who have successfully leveraged a HELOC to scale their real estate portfolio for both short-term cash flow and long-term wealth building.I’m about to unlock $200-250K in HELOC from my primary residence (a condo in NYC), and I know there’s a powerful strategy I can implement.My current plan:✅ Acquire a 10-15 unit multifamily in a mid-sized market (AL, TN, OH, etc.), targeting a $700-800K deal with value-add potential.✅ Use 20% from my HELOC for the down payment and finance the rest with hard money.✅ Force appreciation over 6 months, then refinance into a DSCR loan to pay off the HELOC.✅ Rinse and repeat!

@Jose Ferreiras welcome to the forums this is a very powerful place and I anticipate you finding many great people to connect with here. 

I was essentially doing "novations" way before it ever became a thing, with a limited durable power of attorney, back in 2016.

A seller who needs to unload a property with violations is usually in a weak position, and buyers who understand NYC’s compliance system can leverage these problems to their advantage.A property with an open permit, a Stop Work Order, a Vacate Order, or a Work Without a Permit violation often means fewer competing buyers, stronger negotiating power, and the possibility of structuring escrow agreements to address the issue after closing.