hi @Alvin TaverasMortgage Broker here, i've been referring clients out to Credit Unions for their HELOCs. we have a handful of lenders that can do them, but i'm finding the juice is not worth the squeeze in the broker/ wholesale world.

@Donato Callahan thanks for the reference...

Hi Guys,Trying to do some rehab project in Cincinnati OH, a local Agent refers me Robert Mincey at "Operation Tango Yankee Inc." to me, said who is a Rehab Contractor and can do any works.Here are the links I find about him and his company:https://sites.google.com/operationty.com/operation-tango-yan...https://www.linkedin.com/in/robert-mincey-0165b030https://hi-in.facebook.com/people/Robert-Mincey/pfbid0poSxud...Have anyone used Robert Mincey and its company "Operation Tango Yankee Inc." before?

The builder suggested a local bank that they use and would like to see them succeed and referred me to the commercial lending department.

How did you arrive at what you refer to as a plan (it isn't) of buying one rental a year?

Hopefully your lease has provisions that explain the process for adding a house mate/ how long guests can stay/ repurcussions for breaking the lease and I would reference those in your note.

The previous owners did a do-it-yourself remodel which had tons of red flags if I had taken the time to cross-reference the sellers disclosure with the inspection report, but at that time the market was hot and I had to move fast.

They understand that there's value in what they provide, which is steady, documented income, minimal turnover, steady payment, quality references, no drama, and peace of mind.

Everything else is a level of passivity vs. how much management and oversight you want.I will still have more active investments as well, but I think it's silly when passive income is referred to as part of say, multifamily.

I'd just make sure to check their references.