Hi there!

Hi there!

What I have been finding is that the traditional players ( big banks, Cu ) that offer a true Heloc are assisting about 60 days to close and fund while the more online players such as Figure is offering A Heloc that to me is really a Heloan because you have to take the money over approved for the full amount but they promise a 7 days payout all things being equal.

This description is pretty standard for any tax firm.

Where I see the biggest pitfall however is, in practice, you may run into trouble with the appraiser on the new property re-fi if you're not doing any improvements.

Hi @Robert B Azimi,A home that has been registered through The Mills Act, can be rented out the same as any other property, and it can even increase rental revenue as there are people who really like the thought of living in a historic house.

I am in FL so I imagine there are regional disparities to consider.Yes!

🌟 There are definitely people in the Milwaukee area, including Bay View, who rent out rooms on Airbnb.

Are you getting the property at market rate or below market rate?

It's a pleasure to meet you, Andy.. are you considering venturing beyond single-family homes down the line?