Originally posted by @Aaron Klatt:I think most lines of credit won't have an amortization schedule, because they are meant for frequent smaller purchases, I have no clue about the rate though.Yeah I'm assuming it's a short term product better suited for flips similar to a HELOC.I thought I saw in a thread here on BP that rates were in the mid 6's or 7's so that's why I'm curious.Would be a much cheaper alternative to HML and still provide a way to do multiple deals via leverage.

He charged me $75 and I had to find an alternate installer. 

I think an alternative way to structure the concept is focusing on earning more as opposed to cutting/managing costs.

Just throwing out an idea here; if you have 300k to spend, and you don't want to deal with the headaches of management, have you considered alternatives to landlording?

What are some alternative ways to finance ?

NOTE: The signatures of the parties above apply only to the agreement of the parties to alternate dispute resolution initiated by the contractor.

My day job is Marketing Director for an international tea company, but I'm looking to add an alternative revenue stream. 

@Ray Agosto, I would look into the permit costs to add bedrooms to the basement as well as the code requirements (i.e. having closets, recessed windows, alternate exits, etc).

Let me know if you have any specific tax questions.Just so you are awarePA does not follow the federal guidelines for 1031 exchanges(does't apply in your case if you are flipping but i thought i'd let you know if you were thinking of alternative exit opportunities).Also PA does not recognize NOL's at the state level for individuals.

I would really like to create an option for those seeking a private alternative to hotels, but is this a can of worms?