You also have to consider a Heloc is a credit card a.k.a debt burden unlike a cash out refinance its a mortgage (One loan).

A SSN is typically issued with “permanent residence” (green card) meaning the person becomes legally allowed to live and work in the US.

Purchase price: $375,000 Cash invested: $101,500 I own a mixed-use property with a total of five units, four 1BR residential apartments and one commercial space.

Hard money and I was able to acquire $90K in credit lines from 0% APR credit cards.

I've already got:- Signed lease-  Five Day notice to pay or quit delivered by the Sheriff- Tenants Rights and Responsibilities Acknowledgement form signed by tenant acknowledging receipt of legal aid info.- Rent Ledger and payment history from the online payment service to track rent payments- Email correspondence between Landlord and Tenant regarding rent and maintenance on the property.Already had the hearing where the tenant showed up and disagreed that they owe rent. 

On the forth month I did get the four months in one lump payment which felt great, but really was just refilling my account or paying off my credit card which was stressful.

Would receiving the 1099 interfere with my H1b extension or green card application?

After giving some grace, I had to turn the heat back up on them to force them to make the donation.They made the donation on a credit card, and while it's a far cry from the $50k+ in damages, it was a meaningful amount of money to them.

The way you are breaking it down is very spreadsheet-friendly in terms of what would work in a best-case scenario, but landlording for five room hackers is not easy and the rent is not easy to collect in all cases.

BP Community,I’m hoping to get some community advice on a deal set up.Background: my partner and I have owned a rental property for about five years.