New to the BP forum and joined out of curiosity for a hypothetical scenario.I know everyone's situation is different, and everyone has different needs and priorities within Real Estate.So I was curious on one of the many situations one might find themselves in.In this scenario I wanted to ask if a HELOC on either your primary or an existing rental property out of 4 total properties would be a viable strategy for acquiring practically " turn-key " Multi-Family rentals?

My current credentials:Bachelors of science in Enterprise regulation For-profit, Non profit (Fancy way to say business law) Currently Pursuing my MBA in Finance, expected to graduate in May,2025 Appraiser Trainee License in NYCurrently Managing a small portfolio of properties (family). 

Third, check your state's civil laws to determine if maintenance costs can be assigned to the debtor by the lien holder. 

Well Not in a practical sense .

They also passed a state law that any R 1 lot can now be a duplex but this has not moved the needle much duplexs of new construction still cost far to much to build given land cost and building cost to be quote un quote affordable.

If there were other issues though, be aware that they could choose to enforce this minimum at any timeMore recently, the city has created a rental database with contact information of all active rentals in the city that law enforcement and city officials have access to.

Just because Zillow estimates a lower value, doesn't mean people will offer lower than the list price.Also, be careful about the laws with the association and renters.

It is a very beginner-friendly, pragmatic guide to good financial practices. 

Two wrongs do not make a right in law.

However, we are required by law to accept direction from 51% of the beneficial interests.