Your construction background is a huge asset—it’s a perfect match for real estate investing.

We have also done window replacements and replaced analog thermostats with programmable digital thermostats.Interested to hear if anyone else has had success with weatherization/insulating and other energy efficiency measures.

I want to segregate the liabilities and assets of one property to another.

Even though her credit report might not show the HELOC, the default could lead to financial strain or a decrease in the joint asset's value.In sum, while the wife may not have direct liability on the loan, her financial interests and credit situation could still be affected by her husband's actions regarding the HELOC.

It’s unlikely that they would let go their property, allowing a debt of $50,000 to eliminate an asset worth $100,000.

My wife and I own four units and we’re making the jump to double digits.

The 70% LTV and 3% origination cost you mentioned are typical, but they can definitely vary depending on the lender and the specific deal.Regarding the LLC or Trust, you're right, it's a good idea to explore those options for asset protection and potential tax benefits.

In other words, the cap rate becomes fairly meaningless upon transfer.Your job is to assess whether or not you can make a good profit after buying the asset at whatever the sale price is. 

You often only have to worry about tax upon the profitable sale of an asset. 

As I often tell my students, “Refinancing is a powerful tool in your real estate investment arsenal.”Investing in Nicer Assets.