Flip or BRRR using hard money seems like solid options.

The amount of man power it takes to properly coordinate renno/maintenance requests coupled with the fact that our vendors give us discounts, makes me ok with it.  

Loan assumption isn't an option here.

Service workers had to move out of the city due to lack of housing options.

I'm currently weighing my options between using cash from my HELOC or getting a private money loan for the purchase and rehab of a property.

My options are:Sell: Maximize down payment in NC, reduce debt.HELOC+Rent: Keep NJ property as an investment, rent for potential $3,300/month.I'm interested in long-term wealth building.

Here are the details:Assumable loan balance: $750k at 2.75%List price: $950kDownpayment needed: $200k to cover the differenceMy initial plan to make this deal work included a few options:Getting a loan for the $200k difference.Bringing in a partner.Asking for seller financing.However, when I discussed these options with my agent, I hit a few roadblocks:Second Mortgage: My agent said no bank would provide a second position loan for the $200k.Seller Financing: He mentioned that 99% of sellers would reject this, though we're asking anyway.Agent's Advice: He suggested I just get a conventional loan and put 5% down for the full $950k, but I feel this defeats the purpose of leveraging the assumable loan.Given these challenges, I’m trying to figure out the best way to raise the $200k.

It’s the single most powerful way to increase wealth, and anyone can do it!

I haven't had any consumer debt since 2011 and have been job optional for years. 

Tenant cloud is probably the cheapest option out there.