Basically my question is just whether or not this is typical and consistent with what you guys would do in this situation.

For example, if you are evaluating a flip that you know you can turn around in 3-4 months or a BRRRR (value add and refinance) and you run the numbers and even with the HELOC interest you will still make a good profit, in my opinion this is the best use of that line of credit.

Maybe that lender has some sort of weird requirement regarding where the funds need to come from, but typically a HELOC isn't an issue....

Yea retail is a tough space right now, few years ago is a different world in the commercial lending space.I have resources for retail, typically looking at a 1.1 DSCR

Looking to make an Intra-Family loan for a project and I am looking for a simple Interest Only Promissory note where the investment plus the interest is paid at closing. Anyone have one they can share?Thanks,Rich

Hey Inga,I have seen in the past typical seasoning periods to be 6 months, I have seen it as low as 4.

@Donald Blair unless something has changed, the Canadian mortgages are amortized over 30 years but the rate term is typically about 5 years. 

We manage mid term rentals in Los Angeles and 15% is our typical fee.

We typically aim for 10% at minimum.Is it too late to re-negotiate price? 

For example, properties near outdoor recreation or cultural attractions may be more attractive to certain demographics, resulting in higher property values and rental income.Tips for Choosing the Right Location for Real Estate InvestmentChoosing the right location for real estate investment can be challenging.