We would refinance to essentially be no money out of pocket.

Nothing really appealing to me as an accredited investor. let's refine your approach.Contrarian bet on B class office needs to be 50x equity or something

Purchase Terms: Clearly outline the terms for your brother to purchase the property from you, including the timeline and price.To minimize the financial burden on your HELOC, refinance the property into a traditional mortgage as soon as possible.                                                                                           

I think the numbers work better for a refinance than for a sale. 

Would the 9-year balloon concern you, knowing you'd need to refinance or pay off the balance at potentially higher market rates in the future?

.• This balloon payment will be paid through a cash-out refinance of an investment property valued at $198,000.7.

.: @Colleen A LevittYou can always pay off or refinance the loan.

If you were able to increase the value of the property significantly after the rehab, then you could bring the deal to a community bank  to refinance and take the hard money lender out.You keep all the equity and don’t have to file a partnership return for your annual tax return, which can be costly.  

Depending on the market you invest in, you may have enough to go all cash on the first deal and refinance to put money in the second deal. 

Use this as a way to secure downpayment, then refinance and pay back the loan to secure your cryptocurrency.That said however, I think real estate investing is going to change dramatically over the next several years, largely due to smart contracts and tokenization.