You are still going to have holding costs and a heloc will just have less holding costs that you would if you were doing a personal line or hard money. 

I am looking at a 5 unit building that I want to do a condo conversion on. 4 units would be vacant 1 has a rent controlled tenant in there who does not want to move. I would owner occupy it so I don't know if I have a...

Quote from @Jason Baker: I’m A 11th Grader And I’m Committed To Being A Young Real Estate Investor After HighSchool...Just Trying To Seek AdviceThe average person who went to college carries $40,000 in debt. 

Not really worth the time for me.As someone who has written a bunch of algorithms over the years, I am pretty sure there is much more that goes into the results for each person other than the obvious.

With that money - I am using it to invest using the BRRRR method. 

Until you see the property in person the numbers are completely meaningless unless you have a working relationship with that listing broker for years.

Several options you can explore to get the down payment capital: Solo401k; HELOC on personal residence or from equity of the SFR; Cash Value Life Insurance Policy; Business Credit; Private Lenders, to name a few.

The purpose of marketing is to attract an in-person showing.

When I had arrived I found out that this guy had one truck, his own personal vehicle that doubled as his work vehicle.. and some personal tools.

Personally, I’ve been looking for ways to align creativity with the numbers, whether that’s finding undervalued properties, building relationships with local agents, or pivoting to new strategies.