I’ve also learned not every HELOC comes with a debit card, mine does.

Good paying, long term tenants are worth their weight in gold! 

I can put up the equity myself but I friend of mine has been on my case to get involved in a project so I want to propose something that is fair for both sides5. 

The property was owned by a family member of mine.

Mine has an "off campus housing list" on the university, and a Facebook group.

My point is; if you can't do the math you may be looking at goldmines and will never know.

Originally posted by @Jeff Gold:@Paul Sandhu according to reports it will only bring in 50 full time jobs.

If you end up needing those dollars, you can always pull them back out of the line of credit, but as long as you don't need those dollars, they're going to pay down your principal and interest costs.People use this strategy to pay off houses in as little as three years, and it really works, but if you simply want to use it to build up equity for an investment purchase—which is how I use mine—you can withdraw a huge chunk when a good property comes along and use the equity in your home to buy an investment.

I first wanted to start in Winnipeg-Canada where I live, until I talked to a friend of mine who buys long distance.

Can someone help with these questions of mine regarding grand deeds and 2nd home vacation loans?