Ultimately, you'll have to consider your risk tolerance, financial capacity to continue funding the project, and emotional investment in resolving the situation.

Another option will be to use the HELOC to buy a property that needs work, fix it up and then refinance and do the BRRRR strategy, but this is a bit more sophisticate and you want to make sure you have the knowledge and the risk tolerance to do it. good luck!

-----------On your other question:When vetting a syndication, every investor will do it differently because every investor has a different risk tolerance, comes from a different financial situation and has different financial goals.

The irony...the party of tolerance being intolerant.

In the end, it all depends on your goals and risk tolerance.

So if that's all you can afford or all the risk you want to tolerate, just start with that. 

There's no magic formula - it depends on individual financial situations, risk tolerances, etc.

Will depend on several factors like the type of property, type of tenants, your risk tolerance, other assets you own, your estate planning, laws where the property is located, etc.

They can offer tailored guidance depending on your unique situation and objectives.Assess Your Tolerance for Risk: Take into account both the type of properties you intend to invest in and your level of risk tolerance.

Hi Fergus,If you can handle the workload thats going to come with building the two duplex's, I say go for it.If your going to be biting off more than you can chew, liquidate.It really depends on your risk tolerance at this point.The construction loan is a doable deal as long as you have solid credit, have experience /hire a builder.