Thank you for your consideration!

HELOCs let you access equity as needed, keeping costs low unless you use the funds.Key considerations: If you plan to scale quickly, the HELOC might provide the liquidity you need for faster moves.

The market seems to have a lot going for it with the beach, the lively downtown, the historical appeal and the night of lights draw during the winter months.

However, if the property is a long-term hold, the lower interest rate with a prepayment penalty can often result in better overall returns.Another consideration investors should evaluate is how prepayment penalties are structured - whether it's a declining penalty over time or a flat fee - because this can significantly impact their profitability when selling earlier than expected.

While many of these issues are important considerations and should not be ignored or overlooked, there are other more crucial criteria that you must question and evaluate first.The critical risk criteria that you must review and evaluate prior to making your final decision on which 1031 Exchange Qualified Intermediary to retain includes, but is not limited to, the following areas:Technical capability of the 1031 Exchange Qualified IntermediaryInternal processes and audit controls to safeguard your 1031 Exchange funds and assetsUse of Qualified Trust Accounts or Qualified Escrow AccountsDecision criteria and guidelines for investment of your 1031 Exchange fundsProtection from potential errors or omissions by the Qualified Intermediary (E&O Insurance) Protection from potential theft or embezzlement of 1031 Exchange funds (Fidelity Bond) An experienced and professional 1031 Exchange Qualified Intermediary will understand these concerns and should be happy to discuss these crucial issues with you.

All it was used for was as a screen to determine whether a property was worth further consideration.

This is because VA loans are tied to the borrower’s personal ability to repay and require a creditworthiness review.VA Entitlement Consideration: If you’re assuming a VA loan, the original borrower’s VA entitlement may remain tied to the loan unless you’re a veteran eligible to substitute your own entitlement.2.

But, I feel lots of these video influencers basically draw a "cult-like" following, for lack of better term.  

I'm getting a contractor/ structural engineer to come by and help me draw estimates and understand how serious these issues are.

Quote from @Sean O'Keefe: This company is 3x the price of two well-known companies providing the same service and mentioned here:  https://www.biggerpockets.com/forums/51/topics/1136752-expla...Hopefully price isn’t the only consideration 🤔 For DIY, I'd say it's at the top of the list.