Or, check with lenders on Bridge loan option. 

I have 3 properties with them and hate to burn bridges, but this is my investment!    

@Soup Nikk We bought four (4) deals in the first half of 2022 with adjustable rate bridge loans and those deals are in similar positions with suspended distributions because of the increased interest rates. 

Things will get interesting. rates going to 3.5 in April 2025, but most loan would be matured in  2024.Now question: if you are bridge note holder, do you want to foreclosure or extend ?

Virginia - Winchester, Front Royal, Strasburg, Middletown, Stephens City, Berryville, WoodstockWest Virginia - Martinsburg, Charles Town, Capon Bridge, Wardensville, Shepherdstown, Berkeley Springs, HedgesvilleA few good property managers in these areas would be great too!

Private lending bridge loan (12 months int only @ 6%).

A bit about me- I have worked in lending for the last 4-5 years, specializing in single family & multifamily portfolio, multifamily bridge & term, and residential investment financing.

If it doesn't, this deal is a bridge to far. 

He used his own money to give the loan for the land, and borrowed money from a bank at 9% for construction to give to me at 18%….But I will cross that bridge when it comes.

You are likely going to start out by purchasing one property at a time, renovating them, and then stabilizing them, and unless you are looking to purchase in the $700k and up range, you have more than enough equity in the primary to use as your bridge financing through the HELOC... now if you are an experienced rehabber and you want to take down multiple projects at once then the $100k could get you one more property and your velocity of money would then probably be a lot higher.Ultimately, you have to do what is right for your situation and risk tolerance.