Which would be the entirety of my Heloc.my goal is to refinance 6-12 months to pay off heloc, but the property I’m purchasing I don’t believe will appraise above 130k at the time I want to refi.

My goal is to house hack a multi-family and then move out after 12-18 months when I am able to buy my 2nd property. 2 of the units are under lease agreements. 1 unit is vacant (which I would be living in).  

Purchase price: $726,000 Cash invested: $1,300,000 Sale price: $4,500,000 We are developing a 4 story a luxury Duplex.Property is primed for short term rentals with conservative estimates of ($40,000-$50,000) per month.

I formed an LLC last month and I have 90 days to submit my BOIR. 

Sell, pocket $200k in equity, appreciation since they bought it, bank 25% for a new deposit in a year once they repair credit, buy two new second hand cars because they need them, pay off credit card debt, put a little extra to the side for increased rent payments for next 12 months, and reorganize to buy in 12-18 months... now they see the light, a chance to move forward, to not stress, and they're lucky the market increased so much... but if they struggle to keep it, struggle to make payments, then 10 months realize they need to sell, would they have as much equity, maybe, maybe not..  

That's based on 100,000+ calls each month

Your strategy was (is) to make no payments on the mortgage and live there with no monthly mortgage, tax or rent expense until a lien holder foreclosed, which you believe you’re protected against because the borrower on the existing note is in active military service?  

My tenants deposit lease payments directly into the DBA Account each month using the routing number. 

The first floor is rented out to a seasonal business, they pay year round, $1000 a month.

The listing shows that it has the potential to cash flow around 5K per month after paying for the loan.