I'd like to use this to make an "all-cash" offer on a SFR, and then convert that to a conventional mortgage to pay off the HELOC.  

I plan on converting the barn into another sleeping space and indoor/outdoor rec room.

Building a new ADU will put you in a more “negative equity position” than converting a garage for example, which only cost <200 per sq ft.  

You could also sell it to rent to own, take a downpayment from it, and keep title open until the pay their part and re-assume title if they cannot convert.

Hey y'all, Recently purchased an abondoned car wash, converting to storage units.

Purchase price: $325,000 Cash invested: $150,000 This was our first primary home and was converted to rental after living in it for 10 years.

Maybe I could convert my garage to a movie theater or something?

., signing up for an eBook in exchange for an email address) and was wondering if anyone has suggestions on lead magnets that have been particularly effective in converting interested parties into prospects.I’d greatly appreciate any advice or guidance you can share.

Quote from @Mel Kirchhoff: Quote from @Sofia Komrskova: Have you thought about just converting it back to an unfurnished LTR?

As LP investors, you pay us to convert opportunity into reality, and that is what we are doing.