Finding a lender that offers a HELOC on an investment property can be a bit challenging, but it's definitely possible.

They also tend to offer good cash flow relative to their cost, especially in areas with high demand for affordable housing.

However, pricing in Austin is still substantially above pre-pandemic levels.

I really like that Stessa and Baselane offer high earning interest accounts and physical debit cards and sounds like Stessa offers checks.

Our primary property management partner oversees more than 200 of our clients' properties and offers MTR management at competitive rates (I do not receive any referrals btw).

Here are some financing options to consider:HELOC or Cash-Out Refi on Another Property – If you or your mom have equity elsewhere, this could be a more flexible and lower-interest option.Business Line of Credit – Since the property is in an LLC, you might qualify for a business LOC, which could cover construction costs.Private Money Lender – If you’re okay with 12-15% rates, a private lender could fund this as a short-term loan, especially if the guesthouse will generate strong income.Construction Loan – Some lenders offer short-term construction financing, which converts to a longer-term mortgage once completed.Seller/Partner Financing – Bringing in an investor or structuring a joint venture with someone willing to fund the build in exchange for a share of the income.Credit Card Stacking or Unsecured Business Loans – Riskier but could work if you need to bridge a gap until the unit starts cash flowing.Would love to hear more details—especially your timeline and expected rental income.

Just like the asking price, just because the owner suggests one interest rate or term doesn't mean you can't offer something different. 

I'd love to hear about your projects and offer my help in anyway that I can!

Rentals generate passive income, so an S-Corp offers no added tax benefit.

Everyone and their brother is now offering AI tools to evaluate loan documents and bank statements.