Hey @Brett RiemensniderThere are a TON of banks/credit unions that will offer as low as Prime on a heloc on your primary residence.

Although I find competition for what I call investment grade parks is quite keen.. so returns are more in the MF space.. when you venture out east from the west coast or look at low end parks returns are higher but management is quite intense.. as our dealing with some pretty scruffy tenant base.

The downside is you would inherit their very low basis.

In this type of situation, they want low interest rate with low down payment also.

I have done it successfully on my last 2 buildouts, maybe 3, but only because I was able to acquire the properties at a very low price and I did all the work in-house (myself and some hired hands on staff).

Many realtors are not going to work in low value asset areas as those are generally rougher neighborhoods that are probably deemed to unsafe especially for a single women agent to be out there.

What is the purpose of the two million low-interest loan to Seminar Solution LLC?

.: Quote from @Jay Hinrichs:  Good for you too, Jay, for closing and funding so many transactions.

First when I wanted to create a fund to buy court house steps..

Buying RE is nothing like buying index funds or stocks - Google it for 15 minutes, click on buy shares.