Take ownership of your mistake and learn to do the proper due diligence recommended above😊Please send us any feedback via email, as we do not use the DM feature here.

Obviously each deal is unique and requires proper due diligence. 

The key is to ensure the HELOC doesn’t turn into a long-term financial burden if the partnership doesn’t pan out.

CoghillWe’ve used AppFolio for many years to manage a large portfolio, and while onboarding can be thorough, it’s primarily to ensure compliance with financial and legal standards.

Seller financing is a good way to start if you are looking to sell to your current tenants, other than that, you will need to run into a proper plan why you will need that and how long will it take you?

Another note on construction cost, going vertical is very expensive now and would require have a great connect with a developer and a builder in the area.See what rents are in the area and run the numbers to ensure the rents will cover your costs and give you a solid return—using the 1% rule can help.

Properly collecting these fees is a key part of financial success in real estate investment.And hey, why stop there?

Take ownership of your mistake and learn to do the proper due diligence recommended above😊

This ensures you have a clear picture of what repairs are needed and helps avoid surprises during the rehab.

The problem is, that's not proper accounting because a credit card is a liability, and doing this workaround will reduce your assets rather than increase your liabilities, which totally messes up your balance sheet and debt-to-income ratios.