We work with a few lenders that can do a 2nd position but only go to 65% ltv.

I have a heloc on my personal home for 200,000 but ive only used 16,000 of it.

But I ran some actual reports for clients this week and wanted to share.

Currently have a duplex I’ve been in 3 yearsMortgage 3.65% pmt $850Tenant pays $875Heloc $30k——monthly $291The issue I am running into isRates are so high right now and it’s a lot harder to find another that will cover full mortgage.Does it make sense to leave somewhere that it is full covered to go to one that is not?

We had a property with this type of sewer and replaced it with PVC, a much improved product. 

A legitimate wholesaler will likely have more off-market opportunities in the pipeline that you can explore/analyze.

Even if you didn’t have any crippling debt you could put the $190k in the bank an earn a GUARANTEED $8,550 minimum.

This gives you the opportunity to not have to pay out of pocket for a primary residence you can't occupy.For @Andrew Miller - as someone that's done multiple renovation loans myself and helped 100's do the same, here are my biggest tips:1.

I put supplies on the job site.

Good you are researching this topic - I also love subject tos and have written a book on the topic.  2.