Hey James, I haven’t purchased land in Davis Park myself, but I do have clients currently flipping a home not too far and there's a lot of new construction happening in the area.

I figured if I was going to owe Capital Gains, a HELOC would make sense since you don't have to pay Capital Gains on debt service.

I am a licensed realtor in NH and ME but I am coming here to have resources for my own investments and knowledge for myself and my clients. 

@William GranthamThank you for your service and welcome to BP.

This is not only my experience, but when you call VRBO or Airbnb customer service, they will tell you the same thing.  

Steve - I have never spoken, text or emailed with you about my services or myself.

I wrote to BP customer service and they confirmed that the app doesn’t exist any longer.

Other KPIs and considerations you should evaluate when talking to any lender who offered private placement of loans/notes are historic default rate, how quickly they can place your funds (do you get preference over their income funds, for example), average interest rate - borrower note rate and what is passed through to you, are loans serviced by a 3rd party servicer or in house.

He’s helped all of my STR clients here in FL for the most part, with great success.

The $30-$35K left in the deal(Equity) will be the investors profit and in turn you get at fully occupied building that was recently renovated.You buy for $120K with 7% equity and cash flowing around $500 per month-unless there is debt service.