@Madeline Walsh very cool!

HOWEVER, it's primary appeal is affordability rather than being a great or cool place to live.

For further background, I’m looking to purchase a spot around 750K, but want to seller finance 100-200k of the price to reduce the need for a large down payment / keep myself liquid for renovation costs. 

My issue with that is I would have to liquidate before I would like to.

I am proposed GP with development / management experience, however my liquidity is tied up in a separate development initiative. 

A heloc can "never" be used as an "Asset" or Liquid reserve both required when you purchase additional rental properties. 

I'm in a position with some equity and liquidity to start building my investment portfolio.

@Diogo Candido Wow very cool you are doing the same type of project i am looking to go into!

Say you got a neighborhood in suburban Georgia with a certain type of industry in the area, well, okay, cool, but you're gonna have a 24-year old recent Berkley graduate still living with their parents to manage the property!

Also, the lender wants to see liquidity from the co-guarantor.