I have a HELOC on my Texas primary residence and am considering a house hack for my next purchase.

out of state is more difficult than advertised. do you already own a primary residence? 

My primary business is Real Estate and that is what I focus on.

I have been investing mainly in trust deeds but like you got connected with Dave and just recently ended up investing in his fund, my primary reason was for diversification and because it is passive. 

The two existing LTR units (on my family’s property) were built 5–8 years ago at a cost of about $80,000 per unit, so I’m estimating a 20% increase in costs for the new builds.My plan is to use the equity in the land as the down payment for the construction loan, which I expect will make closing costs the primary upfront expense.

@Bobby Short Depending on the equity you have on your primary residence you might be able to find a lender to finance the property in CR with your primary residence as collateral.

We give great explanations when we say no.

There are some New programs coming for 2025 for primary homes, Vacation homes, and investment properties.

They do require these to be done on Primary Residence, and they probably do have a credit component, but may not have an income component to underwriting.

I increased my Heloc on my primary.