It’s important to confirm that your lender is aware of your plans and that it won't affect your ability to secure favorable terms.If you are planning on using hard money to finance the deal, please keep in mind that most hard money lenders out there have a hard stance against owner-occupancy.

If I let them go can I keep the security deposit until I find a tenant?

Look at the section called:"What do I do if my landlord does not give me back my security deposit?"

Secure pre-approval for the second mortgage or HELOC before committing to the builder to ensure a smooth transaction.

It sounds like a security deposit trap.

Do you enjoy the security of your cashflowing duplex that doesn't need much maintenance?

We leveraged our expertise to secure the property at a competitive price, ensuring there was enough margin to make necessary renovations and achieve a profitable sale.

This PM LLC doesn’t hold any assets and it’s doing all the interfacing with the public, vendors, contractors, tenants, etc.

Additionally, securing funds to split the equity might require accessing other resources.In some cases, a partition may be an option to help pay off bills if you opt for a divorce buyout instead of a cash-out refinance.

You can even get judgements against someone on disability or social security but you can't garnish that those to collect your funds.Once you dig into it.