With the HELOC you can tap into that equity in the home when you need it for other projects.

And he lives right across the street from the project so spends NO money on commute ..

Don't rush into huge projects.

All the tree houses I have seen are on posts and not in actual trees.I am not sure how you would finance that kind of project.

Yes, you should probably look at local banks and credit unions as best options for this type of project

By your own admission you don’t have the balance sheet to buy real estate or borrow and haven’t taken any projects full cycle.

You will want to run projections on each individual property to ensure that it will produce enough revenue during peak season to cover your low season months.

I hire a GC when I feel I have too many other things going on and my time is better spent making money away from the project at hand.

Hey John,Sounds like the answer would be to utilize a DSCR lender that utilizes either pre-established STR rental income (if you can prove with AirBNB/VRBO statements) or a few that are still UW with AirDNA or a similar STR income projection program.I am aware of a few still doing it at this time, and if you can show that you know what you are doing you shouldn't see much of a cut in LTV if at all.Happy to connect and see if we can help.Good luck!

Personally, I’m seeing a lot of interest in fix-and-flip projects and long-term rentals, but financing remains a key challenge for many.