Consider a HELOC for value-added BRRRRs or flips if you have a low interest rate.

We'll certainly want to keep the property tax basis as low as possible if we hold it.

Our builder is Bill Lowe, who we really like so far.

(long as loan is paid) By the way, I had this house 2 years at the time and the loan was low interest for that time. 

Prices are low and they hit the bottom during the real estate crash.

Yup for most of the Usonians the loads of wood used is cost prohibitive now and hard to source.However, I thought about this one as an example of a build with simple materials (steel and concrete block) that are not in themselves expensive to source that can achieve a beautoful design (with great effort of course by designer and builder) at low cost and scale.

Tulsa and OKC are both solid markets with strong rental demand, relatively low entry costs, and good cash flow potential.

His credit score is fine but his income is showing too low to get the loan, so I though maybe I could use my HELOC to make the purchase and do a Lease to Own.

With HML at least you in theory can vet the property and keep a low LTV to ensure you can be made whole.

And like many other cities, vacancy rates are still low, lots of demand for housing of all types.