The problem lies when you forget to add the HELOC because if you go to apply for the HELOC and you dont live there any more your LTV will go from 90-95% down to 70-75% maximum which means you'll be leaving about 20% of your equity's access on the table  (idle equity). 

When everyone zigs (classic beach theme in Kauai) gotta zag (different timeless design) to differentiate.

Perhaps I misunderstood your response to @Joe S. but having  to bring new collateral to the table in order to sell/release properties is not ideal.

The way we process distributions is once they submit a request, they must fill out a redemption form from our transfer agent (who holds the shares/ manages cap table).

•Lender (if financing is part of your plan).Detroit is still one of the few places where BRRRR works well, and cash flow and appreciation are both on the table.

I feel like there has to be a way to continue making money on this deal without just classically selling it.What would you do?

Obviously I would leave some money on the table using all private money, but would free me up for other deals that may pop up?

Charging $1,000 per room sounds fair for Bulverde, but double-check local comps to be sure you’re not leaving money on the table.

Had a horrible experience with Conventus. Day of closing they did not wire money to closing attorney. The day after they dreamt up additional underwriting criteria 
 
anyone else have this type of experience with a ha...

Pretty much a classic BRRR.