If egress is already available, great, but often times this means digging an egress "well", structurally reinforcing the foundation where the larger window will be going, etc.  

Well the fact that this loan could not sell on the market for $37,000 has me believing that this property is not worth near $85k and not even at the $40k the seller is asking.

Well Said Shawn! 

Great to meet you as well.- Dave

You won't need to take long to refinance as well.

I have 19 long term rentals and do some wholesaling/flips as well.

showing how others have overcome basically every conceivable obstacle, just need to find the ones that work well for your specific situation.From the description you gave it sounds like a great place with some good family history, so it would be a bummer to have to sell.

I’m guessing I could use the heloc for those purposes as well ?

My name is Jonah Rupe, I go to school here in Lubbock at Texas Tech University getting my BBA with a concentration in project management as well as a construction engineering minor.

We have a portfolio of multi tenant flex industrial properties that have done very well for us, and consistently adding more assets.