Tax treatment of using a HELOC to pay part of your mortgage and then using cash to pay the HELOC is identical to using that cash to pay the mortgage directly.

They could give you a more precise estimate and help navigate zoning regulations and permitting.Let me know if I can help or if you want to discuss your plans further.Best of luck with the project!

Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.

A handy search bar in the upper right makes it easy to find previous discussions, blogs, podcasts, and other resources.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.DM us if you’d like to discuss this logical approach in greater detail!

However, after many discussions with my mentor, I decided to pursue that avenue of investment at a later date.

@Ryan Luby has a good one in New Haven already.If you'd like to discuss anything further, I'd be happy to chat.  

I also am planning to meet with my PM on Monday to discuss pain points and better expectations, I would love to hear what sort of expectations you set with property managers?

Please feel free to reach out for discussion. 

I'd be happy to discuss this or any other topics regarding property management at length via message if you'd like.