Use either the HELOC or second mortgage for the $80K ONLY if you can get a fixed-rate loan.  

The money is "tied in" (you can't get it out if you need it) for the length of time for the project.

Holding onto it is a smart decision, and you're entering property investing in a solid position.To get started, focus on ensuring that the rental income will cover your mortgage, taxes, insurance, and any maintenance costs, leaving room for profit.

Your attorney should be able to help with this as they will likely want to get an itemized list of projected past expenses.3.

House hacking is a great way to get started, especially in Utah.

You've been scammed and are getting taking advantage of. 

It may even provide financial freedom and flexibility in your career.Let me know if you have questions about financing or would like guidance on how to get started!

Would like to keep the property for down the road, but realizing I might be better off to get a place in town with more space and try to turn this place into an investment property for the time being instead.

I have been pondering for years on how & where to start and have decided to connect on a larger scale to gain knowledge & guidance to get started.

Hey everyone,I am looking to get in on my first deal.