I should add it will be a short term rental property. 

The only time we need additional information is if they are denied.Once accepted, we tell them exactly what we need from them to move in. 

Additional software estimates renovation costs and provides actionable analytics.

So for the additional three bedrooms, I plan to Airbnb and/or expand the shared-housing community I currently have for women in transition at my duplex .

Additionally, lenders may require a release price (a specific amount to pay down the loan) for each property sold, which can complicate the strategy.It’s worth discussing these details with a trusted lender or mortgage broker to ensure the plan aligns with the loan’s terms.

From a tax standpoint, there are additional disclosures to make when selling a business asset for less than fair market value to a related third party. 

NEVER borrow from a 401K, you are taking pre-taxed dollars and paying it back with after tax dollars, you do not get to return the loan with pre taxed dollars, in addition, some 401K plans do charge interest and maybe even fees, and lastly if you get laid off for some reason, it is a distribution with all the "fun consequences: tax at the last dollar rate, and if you are under 59.5 there is also the additional 10% penalty.Personally I like the HELOC, however you can also sell stocks and do tax harvesting there to offset gains if that is an option

However if you had done a warranty deed (or a special warranty deed if you still have a mortgage on it) instead, your LLC has a claim against you for the issue on the title, and you in turn can go back to your initial title insurance to fix it.Some title insurance will allow to transfer the coverage to an LLC that you own 100%, but not all of them do or they may require an additional fee.

You don’t get to just expense the additional real expenses.

Since then I've bought two apartment complexes and will be building additional units on them using knowledge  and processes learned for Jerome and his colleagues.