I don’t intend to occupy the house as a primary residence but purchase the property as an investment property. 

They are investing in infrastructure, housing, public safety and taking the steps they need to take to attract more jobs. 

I really need to know what your personal plan is with the property, are you house hacking or buying strictly as investment. 

You investing in that fund? 

Let’s connect to see how this can enhance your investment strategy!

Looking to invest specifically in luxury beach rentals, so would love to connect with other people in that space (agents, lenders, etc). 

Regardless of what approach you take you must find an avenue that would yield a return greater than the cost of the HELOC.I've been in this position and chose to buy investment properties in the Milwaukee WI market.

Good luck & happy investing!

I'd recommend getting in touch with an investment focussed broker who can help you shop multiple different lenders at once.

Owners cannot recoup these costs through higher rents, meaning they are effectively being penalized for trying to improve their properties.Instead of discouraging responsible property owners who follow the permitting process and invest in meaningful upgrades, we should be focusing our efforts on ensuring that all renovations are done legally and safely.