It takes months to years to recapture those expenses, and it draws the true annual ROI far lower than many account for.

Fredricksburg and Galveston are big draws in Texas and the Southeast alike.

A general credit line, on the other hand, could be secured by other assets or unsecured, and doesn't necessarily involve your home equity.HELOC Characteristics: - Uses your home as collateral - Usually has a lower interest rate than unsecured credit lines - Typically has a variable interest rate - Allows you to borrow up to a certain limit, repay, and borrow again during the draw period - Can be used for various purposes, including home improvements, debt consolidation, or as an emergency fund While it's possible to use a HELOC for RE investing or rehab projects, some lenders may be hesitant about this use.

It might be best to divide your cash from the sale into a down payment for a new primary residence and a down payment for a cash-flowing property in the area. 

Looking at it from both ends (as I was an investor before I was a lender), to me an investor friendly lender is one that understands what is important to investors and operates their business to accommodate their needs while at the same time making it a win-win transaction.Examples:Have the rehab draw request be non-cumbersome and as seamless as possibleOffer maximum lending (use of leverage) and minimal down payment to help stretch the borrower's funds, even for lesser or non-experienced borrowers.Have the loan NOT show up on personal credit reports.

We'd use the appraisers opinion of market rent to calculate DSCR and just want to see at least a 1.0 (Rent divided by PITI). 

Timelines and capital required are obviously higher when pouring larger foundations for a tower and craning modulars together on the site, but if you had a blue print/drawings in hand their timelines are as follows:6 weeks in the factory 1 week deliver Laydown site Shuttle to actual location where crane is Crain in 4-5 days3 months of finishingHope this is helpful!

We are here to work with you as much as needed, but do ask that you have all the information about a situation before drawing conclusions. 

HELOC allows us to draw and use the line again. 

So you're drawing them yourself?