Hi @Alex Song, welcome to the forums.....Whether you're doing a cash-out refinance, or getting a HELOC, those instruments are dependent on the present equity you have in your property.

I'm new to the rental world and one of the issues I'm stuck on is how to do a tenant lease contracts for ex:rules they must obey, no loud music, how many complaints before eviction..etc...if any of you would be so kind as to tell/show me how to do that I would very much appreciate it.

Is there an instrument that we could use where the property is not used as collateral but we're still obligated to repay the funds in a specific amount of time with interest?

We checked on perfection of the instrument but failed to read the legal description for the three liens (master parcel and two lots) and cross reference the survey in detail to ensure correct property.

Reminds me of Austin a bit with all the live music, breweries, art shows, restaurants, downtown area (of course beach area too), amazing new Pier, etc.

In his defense though, my HVAC guy is also a landlord and longtime friend I play music with.

When was the last music venue built and what types of acts are coming through?

Conventional loans are pretty rare under 100k especially since there are other debt instruments that are easier to acquire in the price point if 40k.

Decision making with only your own thoughts might not be as effective as researching what has been done.If he/she has been working on this, but you have no timelines, come up with one.Maybe forge a closer working relationship (with this instrumental team member) maybe have dinner to lunch together (maybe on a regular basis) and both talk about your issues.Sometimes people are introverted (but talented) and some extra effort has to be made to break the ice.just my 2 cents.

Our clients primarily use Interactive Brokers for the competitive rates and not having to allocate anything to any security or financial instrument.