When the project is completed, the value of the property will essentially double (I have Leases already in place for when the project is finished that are 71% higher than my current rents) and it is going to allow me to have a reasonable opportunity to hit my 4-5 year real estate goal (more on that when the time is right) because my plan is to re-fi this fall out once completed and stabilized (basically BRRRR on a larger scale). 

Originally posted by @Bettina F.:I

I could probably convert the LOC or re-fi again and pull my remaining cash back out but for now I'm okay letting it sit there.

@Jeremy F. I

@Mikael Winkler Nope, sorry...typically doing delayed finance or re-fi's...HELOC only on my primary...

Hey Kenneth - I'm out here with The FI Team Seattle in WA & happy to assist.

I have been in touch with an investor looking to open a gym in downtown-ish Charleston SC. I

But lots of families prefer the furnished bedroom rate, with utilities and wi-fi in place, over trying arrange rentals and co-sign year leases.

I own properties in and around the midlands of SC. I

Re-fi the property and use proceeds to purchase additional depreciable real estate.