Each loan that we secure for our borrowers is originated and funded exclusively in-house.

I work for a local house flipper in the Greensboro area (Winston Salem).

There exists those of us that want a property in Costa Rica despite the issues we are discussing here.

Scammers do exist, and it’s smart to verify a lender’s legitimacy before moving forward.Check Reviews and References: Look for reviews on trusted platforms like BiggerPockets or Google.

I recently added a half bathroom out of existing space in a very high cost market.  

I could be wrong but I am unfamiliar with any products existing.

Interesting about the wind-down structure, I'll look into that more. some existing HMLs that don't have cooperating banks right now and probably would be glad to have it.  

If the HELOC is from an existing rental property (A) but funds are used for rentals (B and C), the interest must be allocated to B and C, not A.This post does not create a CPA-Client relationship.

Occasionally if they have other assets maybe she can keep the equity of the house and he gets to keep his full 401k or something like that.   

@Tim Holt, Yes INDEED house hacking is the best option for most 1st time buyers.