I am currently based in Canada and am looking to embark on my real estate investment journey in the United States, specifically focusing on multifamily properties. 

The rule is based on if it's "within the primary dwelling unit" of the taxpayer or not. 

Generally yes a HELOC will go off your personal finances so qualifying is generally based on your income, liabilities, and credit. 

An attached ADU in the city I'm working with, based on my impression, is a new build with a shared wall to the existing property, and any conversion of existing space is JADU.

My name is Sonya Waites and if you have questions, I don’t mind answering them based on my own personal experience.

Quote from @Spencer Thomas: Quote from @Dominic Mazzarella: Quote from @Spencer Thomas: View report*This link comes directly from our calculators, based on information input by the member who posted.What do you all think of the deal and how I analyze it? 

Will - I work with CSSI, the premier company providing engineering based cost segregation studies in the U.S. 

We've invested around $50,000 in improvements (central air and hardscaping) and our mortgage is a 30-year fixed at 2.5%, with a PITI of $2400.We think it could rent for $3,750 - $4,000 per month based on local comps.

Property taxes will likely be reassessed based on the transfer value, so confirm local rules to anticipate potential increases.If you hold the property for at least one year, you can use the equity as collateral for a construction loan, aligning with your long-term financing plans.

Hey Chris,This is the website: https://suncrestcapitalgroup.com/Ive been dealing with Kevin Barrios.They have office based out of Florida.I checked BBB and couldn't find them.