I am asking for any guidance on what else to look into for MTR to make sure this is the right decision for my mother-in-laws property.I appreciate your time reading my post and answering my questions!

Question: your current model worked well.

Great questions, and I will be totally up front in stating how new I am to all of this.

They have been historically reliable over the last few years but I am hearing some rumblings of reduced leverage, slight increase to rate, or some kind of minor tweak to DSCR lending with some programs.Happy to jump on a call if you have any questions or concerns.Good luck!

If you contractor has a question about what tile is installed where, just check the design boards.

Eric, thanks for the question and appreciate the challenge.

I'm happy to answer any questions you have about analyzing markets or getting started.

If you’d like to explore these options or have questions about financing, feel free to reach out! 

This is a question that has come up a million times and will continue coming up forever in Chicago unless eventually things change one way or another.

My question: Is using a HELOC the best option, or should I consider refinancing my home for a 25-year term and putting all my rental income toward it?