@Joshua Martin,If there’s a chance you’ll sell next year, a HELOC might be the better move since it typically has lower upfront costs compared to a cash-out refi.

There are 85% LTV DSCR loans but expect a higher rate-sometimes 1% higher for the same borrower profile compared to a 80% LTV.

Does it need to be market rent and comparable to the other offices with tenants? 

It’s still relatively affordable compared to bigger cities, has strong rental demand, and no state income tax, which is always a plus.

Our 275 sq ft furnished garage should rent for $1600 - $1800/mo and the only extra fees compared to long term is $99/yr to post on furnishedfinders.com. ...I should have this finished by the end of next month, so can keep you updated on whether this plan works and what we rent for. 

Typically, the tax is based on the assessed fair market value of the property at the time of the transfer, even if it’s not a traditional sale.

Downtown Charleston experienced a significant surge, with home prices increasing by 33.2% compared to the previous year, resulting in a median price of $1.2 million.

- Shane & Jen RegnierHey @Shane Regnier like Giuseppe said, it's become a little saturated in some areas of Ocala compared to 3-6 years ago.

I thought this was a bit steep compared to other developments I had seen, and so I volunteered to be on the board of directors and ultimately ended up president. 

I have one tenant who is a god send compared to most, he accomplishes nearly ever repair I need, even did an HVAC unit.