Unless you are finding off-market opportunities direct to seller, I can't imagine the deals working on BRRRR.

.: @Gash Nookala - if your property is not in the Hampton Cove area of Owens Cross Roads, you honestly are not in an ideal location for a rental. 

Ideally a HELOC is used for less then a  year project where you can refi or sell to pay back the HELOC. 5 years is a long time, things can happen and if you reduce the cashflow on both properties you'll be increasing the risk and having thinner margins.

I prefer to source all my deals off-market, which allows me to find properties with less competition and negotiate directly with motivated sellers.

If anyone can point me in the right direction for this math, I will see if I can get it built into this dashboard.Thank you to any who can provide guidance, insight or want to collaborate. 

All end buyers can see it on the market now and can buy it direct so what would the point be of you locking it up on assignment and then asking people to come back and buy it when they already could have bought it without paying you spread in the middle.

Also, any guides, info, or direction would be awesome.

Happy to help point you in the right direction or introduce you to some great independent agents that work with us in Maryland.

But am wondering if I can buy directly from the city.

If it’s tied directly to the lender as part of your mortgage agreement, you’d probably need to negotiate with them or refinance with a different lender who doesn’t require that restriction.However, if the restriction is part of the property deed itself and was placed by a previous owner or another party, it can be more complicated.