Can you make a higher return than what the interest rate on the HELOC?

In general, the higher valuation properties with views or close proximity to water have higher rates of returns.

You’ll learn the ropes on how to be a landlord with a lower risk/higher quality tenant-base. 

The longer the development cycle, the more risk on the LPs, the higher the return.

Yes it needs a closet and a point of egress to be considered a bedroom, and more bedrooms typically equal higher appraised value.  

So if you are anticipating higher rents and therefore higher income next year you may want to wait till then if you are trying to maximize the amount of the cash out refi.

congrats on the first duplex. easiest will be house hack your next property. you can go higher in units up to 4 but just need to occupy the property. lets connect if you need guidance, i house hacked a few times

.: I would go HELOC for sure that would be best as others were saying the lower cost for the money changes between paying a higher rate for a personal line and typically personal lines they want a higher monthly charge as well independent from the interest rate.  

And while short-term rentals are the big draw here, there’s also growing demand for mid-term rentals from snowbirds and traveling professionals, as well as long-term housing for the increasing number of permanent residents.Yes, higher interest rates are a factor, but the strong rental demand in the Panhandle often helps offset those costs.

In our still relatively limited experience, seller financiers are usually looking to get a higher asking price in exchange for the favor of the private loan.