Hi Mike, This is not a new strategy many investors use this strategies as you can go up to 90% CLTV when applying for a primary Heloc allowing you to tap into more equity if you have it.

It is "possible" to apply classes to almost all of these items but since we have chart of accounts for different buildings even within an entity our chart would look crazy. 

Soft assets like specific stocks and preservation phys assets this may not apply to, but you keep those at low % in your portfolio and actively "trade" those. 

When he applied for the garage permit he included this statement to the city certifying that the coach house was neither commercial or residential and only used for storage. 

.: It's a personal decision for the PM.Personally, I apply income to "must-pay" charges first.

@Tanner Sortillo Recommend they first figure out the property Class they want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

@Desstani R.Recommend you first figure out the property Class you want to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

@Joshua DunlapRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?

Here's what it says about that"Section 504 applies to housing that receives Federal funds.

But my reasons for feeling that way might not apply to your specific situation.