Are you in an area that is unsuitable for investing?

All 3 were instrumental getting this done.

Using a promissory note (which spells out the terms) and a deed of trust which should be recorded with the county recorder's office (which is your debt instrument which liens the title of the property for the amount owed) is the best way to construct this deal you have with your family member.

The article said that HELOCs are floating-rate instruments, so they're less attractive to take on a floating-rate loan at a higher rate than a general low and a fixed rate.My issue is that I don't want to pay $3,000 to do a cash-out refinance and I don't know how long it will take to get a deal (WHATEVER I define a DEAL as ;) ), but maybe I'm missing something here...If you are approved for a HELOC and the value of your home goes down, will you still have access to all of the funds?

.• Category 2: Gross income from a trade or business that is a passive activity or a trade or business of trading in financial instruments or commodities.• Category 3: Net gain (to the extent taken into account in computing regular taxable income) attributable to the disposition of nonbusiness property and property other than property held in a trade or business to which the 3.8% NIIT does not apply.

From the loan servicing guide:Notes: For all such transfers affecting mortgage loans purchased or securitized by Fannie Mae on or after June 1, 2016, the transferee is not required to occupy the property.a limited liability company (LLC), provided thatthe mortgage loan was purchased or securitized by Fannie Mae on or after June 1, 2016, and the LLC is controlled by the original borrower or the original borrower owns a majority interest in the LLC, and if the transfer results in a permitted change of occupancy type to an investment property, such change does not violate the security instrument (for example, the 12 month occupancy requirement for a principal residence).The servicer must notify the borrower that a property transferred to an LLC must be transferred back to a natural person prior to any subsequent refinance application in order to meet Fannie Mae’s Selling Guide underwriting requirements.https://servicing-guide.fannie...

They are also another financial instrument that is hedged against inflation but instead of locking up a short term rate with fixed principal and only adjusted interest rates for I-Bonds, I highly recommend you go for TIPs since they will have the principal adjusted for inflation and the interest rate you lock in will be proportional to inflation.

Often referred to as bridge loans, hard money loans are short-term lending instruments that are also used by real estate investors for financing an investment project.

Smoking is considered cigarettes, cigars, pipes, hookahs, water pipes, vapes, e-cigarettes, and any other like kind instrument that produces smoke or vapor, regardless of whether tobacco or other consumables are used.Never underestimate the stupidity of the average person. 

My credit is average, how instrumental would my personal credit and finances be to get a LOC with the equity?