Originally from Texas.  

Like maybe I could pull enough out from heloc on primary residence to pay off debt and then rent out my primary and use the extra cash to payoff heloc and then do another heloc once the original one is paid off.

One of my original mentors was PRO lease option on the purchase side, however I never felt  peace about it.I was always concerned what if something happened to the original seller and they did not cooperate when it came time to exercise the option. 

Improved the property from its original state What was the outcome?

Originally posted by @Justin Elliott:Think I am going to give Freedomsoft a try, will keep you guys updated in the following weeks of how it goes. 

Having dual licenses, loan origination and real estate, has got me involved in most parts of the investment transaction.  

I had to fund well beyond the original note to get the project done.

I’ve got some buildings with great interest rates that just won’t cash flow with less than my original 20% equity.

Now, with me being back I'm returning to my original plan of wanting to house hack in the Greater Boston Area.

What started as a promising BRRRR ended with us making the tough decision to sell at a loss after an unexpected disaster.The Numbers:Sold for: +$230KPurchase Price: $115KClosing Costs: $3KRehab Costs: $105K ($49K original rehab, $56K additional repairs due to the car crash)Holding Costs: $31K (12 months)Selling Costs: $16KInsurance Claim Recovery: +$25KNet Income: - $16KWhat Happened:This was supposed to be a BRRRR.