For example, propose a smaller initial down payment and larger monthly payments, which could free up some capital for the rehab budget.Partner-Investor:While not your preference, finding a partner-investor could be a viable option.

Reach out to us if you have any questions or want to explore your options. 

Since you just bought it and haven't done any significant force appreciation, a HELOC will probably not be an option, as you typically need at least 20% equity in your house.The big question is: Is there a pre-payment penalty on your 30-year conventional loan?

I am focusing on trying to find off market deals and working with creative finance since expansion is slow moving based on my salary, and I'm too impatient to wait for the duplexes to earn another down payment.Is there a financing option that I am missing to get a loan for a down payment?

It's advisable to conduct thorough due diligence by visiting the area, speaking with local experts, and evaluating economic indicators to confirm the high demand and growth potential.I can provide you with more information on rates if you message me directly, or connect you with any one of these information sources.

But we do want the option to use it as a short term rental in the future.Do I need to go the ADU route - separate address, utilities, etc?

Probably the safest option and limit the risk involved.

Up here in Beaufort, SC and it seems as if the closest options we have are Charleston and Savannah, very disappointing.

Fulls are not a good option for a STR, either do kings or queens.

Then I will refinance the mortgage that LLC 2 has andpay LLC1I hope this provides a better option as I have beencalling around and the banks are telling me that if I use my own money I willhave a 6month to one-year seasoning period.