so - if it appraises for 320k you'll get 70% out or 224K, and you'll pay 5-10K in fees for that 224K, so let's call it 215K. 

I own student rentals so the original “co-living” and STRs.

Hi Kingston,With a HELOC, you are essentially opening a line of credit in addition to your original mortgage.

However, be mindful of the higher interest rates and fees associated with hard money loans compared to traditional financing.

The original underwriter of the loan had actually told me it was possibly worth it to refi after a year and pay the PPP because of there being 50K instant equity in the house- which if I am not mistaken, is the difference between the purchase price and the actual appraisal value?

The second part of my question which I excluded was that where I'm originally from, Australia, there is also a similar housing shortage despite no population growth rate - and the same with other Western countries such as Canada and England.

I'm originally from Baton Rouge and lend and invest there at present.

My original document provider was well versed in all things 401k, but the gentlemen in charge of that department passed away.

They are no BS, provide great content on not only questions to ask a GP for example, but WHY you should be asking those questions and HOW to interpret the answers.If you are a GP (like me) its also valuable to understand what questions may be thrown your way.Thus I wanted to share (also I get no referral / affiliate fees to be clear, just sharing a good resource) .

I currently live in a senior and multigenerational community, original owners from 1980s, we have garden day once a month.