You'll want to look at their reviews, how they safeguard your funds, understand what their fees are, and how responsive they will be to your questions (do they work 9-5 only). 

Rates are too high.

If rates come down (most likely not in 2025) you can refinance or just shovel cash-flow and pay it down quicker. 

The northland MAREI meeting and the main monthly meeting at MAREI have a minimal fee, or for $99 a year you can attend all of them for no extra charge - northland is in person, the main meeting is still online, both are great ways to connect and learn. 

For lending, your rates are going to be higher than if you were to buy under personal name.

Most lenders will also look at debt coverage ratio which limits leverage at this time due to higher interest rates.

I took a heloc with the intention of investing currently at 1 million and the rates at 9 percent .

Market Fluctuations – What if appreciation stalls, or rates rise, impacting your refi strategy?

We talked about an aggressive paydown at a rate of $5k for the next 6 months to make the deal sweeter for the next person, but renting it would be preferable to that I believe since I can get a higher return on smaller development projects at a burn rate like that. 

Even at a high cap rate you've got several million dollars of market value here, so I'm curious about your base numbers.