That is a true portfolio loan with a commercial loan and through a commercial lender or bank that provides portfolio lending.

@Andreas Mathews admirable, but make sure you do some research so you understand what a PM can make.Starting your own PMC business will require 75-150 doors to make a decent living, depending on gross rents and your fee structre.Working for a SFR PMC as a PM, will require a RE license and you usually get paid a percentage of the gross rents the portfolio of owners/properties you manage generates.

It's crucial to have a team that can provide both on and off-market opportunities, as Columbus can get a bit competitive.

@Brian Chadwick A cash out refinance might offer more favorable interest rates than your HELOC provides.

Depending on how the tenant works out, might ask you a few questions.

He has helped a ton of BP members successfully house hack and has done it himself as well and can provide you with invaluable experience.

Then there’s fraud or misrepresentation, where borrowers inflate project values or provide false documentation.

It may or may not show on a credit report, depends on the servicing and you should have the loan serviced.Failure to include the debt on a future loan application is mortgage fraud, wanna go to jail?

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

However, the success of this approach hinges on consistent appreciation, which depends on demand.The Key Factors to ConsiderPrice Dynamics: Prices are driven by the balance between buyers and sellers.