If you can find practice tests, that is my recommendation - that is what I did after taking the required time component and did not have any issues passing the test. 

So when the bank requires insurance for the loan amount.. that will work generally.. 

If it’s tied directly to the lender as part of your mortgage agreement, you’d probably need to negotiate with them or refinance with a different lender who doesn’t require that restriction.However, if the restriction is part of the property deed itself and was placed by a previous owner or another party, it can be more complicated.

This requires an independent appraisal valuing the property at $400k and proper documentation from the seller confirming the $200k donation.Ensure the church is a qualified 501(c)(3) entity, and consult your tax professional to comply with IRS rules.

I make sure I screen each potential tenant thoroughly (background and credit checks) and require references.

OccupancyMost lenders require a minimum occupancy rate of 85%.

Real estate requires cash, that's why it's called in-vesting.

@Marcus Stokes Starting your first fix-and-flip can be exciting but requires careful planning.

Another note on construction cost, going vertical is very expensive now and would require have a great connect with a developer and a builder in the area.See what rents are in the area and run the numbers to ensure the rents will cover your costs and give you a solid return—using the 1% rule can help.

The down fall is a Heloc can "Never" be used as an asset or for PITI reserves required when buying a new Primary or investment property.A heloc can also cause major issues with credit and one slight hiccup or missed payment the bank or lender who is holding the Heloc can close or reduce your line of credit.