Tying it into rent doesn't make much sense.

Hi Brenden,Your plan to use a HELOC to convert your basement into a rental unit sounds like a solid house-hacking strategy, especially if you can get $3,000 in combined rent.

I had an outstanding cost of $30k that I rolled into a cash refinance on our primary residence. 

Hey @Tori Rhodes - As a builder myself here in Chicago that is a question I hear often.Before looking into your loan options, I'd look long and hard at the cost of land and construction in your Grand Rapids area. 

Good luck as you all transition into Dallas!

I've finally made the decision to get into the market to Build to Rent.

As a first time investor looking to make the first purchase on a multifamily home in and around the city of Columbus, OH, within the next 2-3 months, I wanted to ensure I have all the information I need to be able to quickly and efficiently analyze and decide on a property worth investing into.

Would you rather her destroy your property, your insurance deny the claim and you're out all that money you just put into the rehab?

If you are a partial owner of this land, I would not invest much or any money into it.

I was looking into bank stamens loans as well but I'm not sure if that would be the best option for us currently.