Texas does have specific rules regarding home equity loans and cash-out refinancing (often referred to as "Texas Equity Section 50(a)(6)"), but these don’t prohibit homeowners from using funds for investment properties.

As for the areas to target, my goal in getting our feet wet as real estate investors--and since we plan to be living in Sac--is to find a property we can live in while renting out one or more units to help cover our housing expenses, which we can then hold and continue to rent out when we move.

What specifically are you trying to get better at? 

Am I ok with this plan to ride up the appreciation, mortgage pay down and rising rents?

I’m interested in connecting with investors who want to explore remote investment opportunities (internationally), especially in Europe, and specifically in the Netherlands.I firmly believe that collaboration and the exchange of experiences can lead to great results for everyone.

If you'd like more specific advice about your property I offer design consultations and audits. 

That being said, I will preface this with the fact that I have a legal background, specifically with estate planning and asset protection as it relates to real estate.

Like any financing strategy, due diligence and proper financial planning are key to making it a successful solution for both parties. 

There is a big distinction on the variety of restrictions you need to be aware of with ADUs in Chicago specifically.

Feel free to message me if you have any specific questions as well.