@Risha Walden Very very few banks will do a HELOC on an investment property and you will pay a very high rate, which will be floating (going up with fed rate).

If they had deposited the non refundable deposit with the title company, their deposit is going to float around in escrow limbo now.

General information that could be found floating around the internet - is what I'm finding out as I venture through the course.

@Porsha Fross that formula is a formula that has floated on the internet, but it's widely optimistic unless you're in a dense environment without much competition - aka one of the first spaces in NYC or SF.

Also, using the heloc may or may not be the best option with prime and 8.5% , you converting it to a rental and having floating rate debt on it.

Many people are priced out, so when prices do float down a bit there's a huge pool of buyers ready to pounce.

I’d suggest getting a floating rate instead of locking yourself into a high fixed rate because rates should stop coming down next year.Remember the influence that mentors have.

tbag isn't floating in the Hudson why?

Slide 8, I see the blue banner, but not the grey.  

A good idea may be to pencil this out as if the other side of the duplex is permanently vacant and see if you can float the duplex on your own.