Quote from @Marcus Bledsoe: This is an excellent thread @Jonathan Greene.

I then created an excel sheet with those estimates to know (a) what to offer for land to make my numbers and (b) to hold the sub to what they estimated for me.  

If you have just one unit it's not too hard to keep track of payments, you can do it for free in Excel or Google Sheets, you just have to stay on top of it.

You bring up an excellent point about the trade-offs between second home and investment property loans.

Hi Xavien,You’ve raised an excellent and often overlooked point about the benefits of business credit, particularly for real estate investors.

It’s great to have you here, and it sounds like you’re in an excellent position to start your real estate investing journey.

Usually, I find that folks who have less than 4.5% or so on their first are better candidates for helocs because the blended rate is less than a new 1st overall.

@Samuel Diouf I appreciate the candid insights.

While some lenders may offer it, these scenarios often require near-perfect alignment of high DSCR ratios (1.2x+), excellent credit, and property cash flow projections that are difficult to meet with this leverage.

That is an excellent first post.