- Additional equity of 170k at risk; subjected to fees if home is sold under default/breach.Hometap provides access to as much as 20% of your home’s value in cash for a 10-year term, after which you can pay out Hometap’s investment (which includes their return) by selling the house, using your savings or refinancing.

Additional income opportunities include leasing land for agricultural use, event rentals, horse boarding, and RV rentals.

He is doing additional training with the Launch Pad as well.

There is also space available for an additional 3 mobile homes.

It is where I can spend the money to make it my own rather than taking a cuter home for more and still wanting to spend $$ to make it my own.  

are you able and willing to spend time in person in your chosen market? 

This probably sounds a little like wholesaling or being a Realtor, and it is.If you don't want to spend $1,000's to build this out and take on the associated tasks, there are other, more cost effective, options.I'd recommend looking for potential deals via free (or low-cost sources) i.e. local meetups/networking, Courts (probate & lis pendens lists), Realtors, Wholesalers, properties for sale online (especially those with 90+ days on market), etc.All the best!

I have been working with a credit union to get a HELOC to allow me to tap my equity to buy additional real estate.

Because of my spending I can get far more in discounts at Lowes than the Lamex 5%.

Quoted $5K in closing costs but ended up being $7k to pull $94K in equity out of home as a 2nd mortgage (additional cost was insurance). curious if the below info seems “normal”appreciate the feedback.