You could also explore using a home equity line of credit (HELOC) or a cash-out refinance to tap into the $100k equity and use that capital to invest in additional properties, all while keeping the current home as an asset.

Elwin, in general, HELOCS are second lien position products.

Are you seeking helocs on investment property or primary residences.?

When I purchased this property, I used my HELOC to cover the 25% down payment.

You can do a HELOC on rental properties with some lenders to access the cash, but you’re essentially taking more debt out on them.

Building small units in small unit count is some of the most expensive development.  2) the financing on an ADU is typically far worse than for initial investment property acquisition or is often not leveraged (HELOC, cash out refi, etc).

The cash flow from this property ($1,300 profit after expenses) can also help support your ability to qualify for a refinance.HELOC (Home Equity Line of Credit): Another option to access equity is through a HELOC.

The entirety of this project was financed by a HELOC, and at closing, we will wipe out our debt incurred to complete this project.

If you have a primary residence you can get a HELOC for the down payment.

Currently, I don't have any second mortgages or helocs because the idea of keeping track of more than one mortgage per property has been a tad daunting and decreasing my cash flow at the moment is something I'm battling mentally with.