Im not expert but Ive took out a heloc and dragged on going on my advise and it suckedHi @Mario Morales, There are 2 things I would pay attention to in the scenario you describe. (1) Most cash out loans are limited to 75% -80% LTV meaning you wouldn't be able to get all of your cash back out. (2) The interest rates I see in the market are closer than what you've listed.

Also like Oklahoma, Indiana, and Texas.

These points would eventually win you prizes (a free book, a discount to BPCON).

At face value, if you want to invest in this deal or another 506C deal, you will need to be accredited. 

Kind of piggybacking off this same notion but I have a permitted shed in the back of my duplex that would make a great studio apt. 

shopping for this also, found this post: https://www.biggerpockets.com/...

If you’re interested in investing in real estate, you can consider doing so with a Self-Directed IRA to defer taxes on capital gains until you actually withdraw the funds from your IRA.

Have a Backup Plan: Annual Rental Numbers Matter•Always know the annual rental numbers in case you need to pivot to a long-term rental model.

I need a consistent partner who wholesales virtually in the Central Indiana market....Every deal ive ever closed was with someone that didnt live in my market......I am boots on the ground on steroids lol

Its simple in practice, however you need to make sure the numbers work.