And, even then, hitting your rate target would still be extremely challenging unless you were paying points up front, in which case it would probably make more sense to just try to put in a bigger down payment (or pay down the balance if refi) instead and get better terms naturally offered at the lower LTV.

When you become the builder , then the numbers work What he ^^^^ said.

Hi Humberto,Within my 20 years of experience, I've seen how creating unique rental experiences can really set your property apart in the short and mid-term rental markets.

Hi Bianca, welcome to the BP community!

If you want to stay in your house, then your only option would be to leverage equity which will probably be in the 8-10% interest rate range.Not knowing the entire situation, I think you could consider downsizing and then using the proceeds to buy a 2-4 unit property and start making $40-75K right away with still no debt. 

Hi Steven, you came to the right place! 

So I was just wanting to get opinions on the best way to leverage the equity and heloc I have? 

It has very favorable zoning laws, the land is buildable, and the area has a housing shortage.

I am not the expert, but just from talking with people and seeing the posts pitches from wholesalers.

I just moved from Houston after living there for about a dozen years.