(One PM just does non refundable deposits instead of security deposit).

One sister would rather have a non-family member single tenant in the space, and my second sister, the potential renter's spouse, was not too enthusiastic about the idea.

Only a few banks like Wells Fargo will give HELOCs for investors, but you can often get a teaser rate the first year and closing costs are either low or non-existent.

Depends if you're using conventional financing or non-conventional.Conventional will be around 1%.

But because Monday is when I get to join my fiancee and daughter at swim class.

Wondering what the benefits would be to them, if any, on doing a zero interest loan for us.Sorry for not having a ton of details here, this is the first non residential deal I'm doing so not entirely sure of what questions to ask.Thanks in advance.

@Brad Jacobson - It would be considered non-employee compensation? 

@Shiloh Lundahl  @Max Gradowitz  Hey guys you ABSOLUTELY in the state of Nevada need a license to lend money on either non owner or owner occ properties..  

.), however, generally do not qualify as a trade or business.If Non-recourse:No debt discharge income results from a foreclosure or deed-in-lieu transaction involving only nonrecourse debt.

If using a lender this is a non issue.