This post does not create a CPA-Client relationship.

In addition you are sharing with cellular network, which gets priority.

Appreciation is never part of the cash on cash calculation.FWIW, I would talk to a CPA before turning an appreciated home into a rental. 

Bank financing is very tough for anyone starting out so HML is generally ( unless you use your own cash or cash in your network) the only funding there is.. the goal has to be though moving towards bank financing so you get the best deal possible.. right now I am at 1/2 point and 7% and my bank pays for my appraisals.

From digging into real time market data and calcualting cash flow.. to literally driving for dollars, you want someone with an incredible network of pros who can unearth leads (probate attorneys, divorce attorneys, local fix and flip circles) that might connect you with a ready buyer or flud tenant.

However, unless you're doing this as part of a BRRRR strategy, you may end up paying closing costs twice and incurring unnecessary interest on the HELOC prior to refinancing.Additionally, conventional loans often have seasoning requirements of 6-12 months, while DSCR loans typically require only 3-6 months.This post does not create a CPA-Client relationship.

If anyone is looking to network or co-invest in the Albuquerque area, feel free to DM me.

Consider your investment strategy—house hacking, turnkey rentals, or real estate syndications—and start networking through local meetups or BiggerPockets forums.

Networking, local meetups, door knocking, mailers, wholesalers, online forums specific to your area of interest.  

Right now, I’m focused on building a strong foundation in real estate by expanding my network and learning strategies for sustainable growth.