Yes this is a Refi on a commercial property with additional large cash out included for sole purpose of reinvesting into another property, as well as a large operating line of credit in addition to the Refi is included.

He can extend an additional loan to the borrower, especially if the borrower has additional collateral to put up.  

Some REITs that invest in them do really well.Certainly, invest in what you know, or are willing to spend the time, effort, and money to learn well. 

Additionally, you don't even have to lose money.

So the benefit to investing in a note fund is that with no additional exposure, investors get access to a consistent return with less liability.Best,Dave

Additionally, a sewer line repair usually results in vacancy and lost rent--even more lost money.A new driveway can easily cost $5k on the low end, and plenty of properties in my area have $15-$25k+ driveways. 

So for the dollar amount, returns, and additional risk I decided to just focus more on my day job.

Or refinance for spending cash when it come time to retire.The advantage you have living locally is that you can buy a new primary residence every few years and keep the prior home for a rental.Good luck.

Spend $50 and read the to; three books about real estate syndication.

I believe I can qualify for the HELOC on my own, saving my wife with additional debt ( when used) on her credit.Is there anything to think about if I apply to the HELOC solo?