It's a fine balance between economy and what you would do for oneself, but creating a space that feels like home should be of primary focus.If you're looking for some insight into re-leveraging any investment properties for capital improvements, furnishings, etc, some lenders can utilize AirDnA projections to qualify. 

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

About me: Own 125 doors through various partnerships; Founded a STR Private Equity; Loves to play tennis, hike with friends, and travel the world all in pursuit of discovering the ultimate matcha latte.About David: David Fan is a full time real estate investor and residential/commercial agent.

Hello BP Community,Recently, I've been getting mortgage quotes from different banks/lenders, and I've noticed a repeating question.

Additionally this hard money lender is at 75% loan to value are there any lenders offering 80%?

So my lender eligibility won't be the best anyway.

just be cautious when it comes to using these. ensure you've got a plan to pay that balance back in a relatively quick fashion as most HELOC rates can fluctuate which could make the numbers suddenly not work. i've leveraged mine in instances where i'm doing a BRRR and i want the deposit for a private money loan. i'm not using it as my downpayment and leaving it out there for a long period of time. 

I have just started reaching out to some hard money lenders about a potential flip property.

HM lenders will require a 10% downpayment.The refinance lender will let you refinance 70-75% of the after repair value (appraisal)

These loans generally carry a higher interest rate than first-position mortgages because they are more risky for the lender in the event of a default since they are the second party to get paid in the event of a liquidation.