@Meso Stick You will not be able to get a HELOC on a commercial or mixed use property such as the one you are describing but you can get a line of credit.

Turn over depends on the market and unit mix, but you should be able to find that out by the PM.

@Jared SmithWe use a mix between hard money, private money and personal cash depending on purchase price of the property and if we are doing flip or buy and hold.

Again, two different concepts were mixed together.Let's take examples, intentionally ignoring depreciation, for simplicity.A.

Our metro is unusually large, has two professional sports teams, and is also benefited by an eclectic variety of industry.To add to that, the affordability is extremely attractive.

That made no sense to me either, that’s exactly what I thought when I heard about it, as you know there are many different exit strategies in real estate, some are not always about buying at the cheapest price, when you are working with or bidding with many different peoples money you can run the price up in order to insure you get the properties you want no matter the cost, like the big companies that buy up real estate all over the country they will pay higher prices for it if they can get more homes hoping there are some really good deals in the mix 

@Nick Giulioni I'm brand new to this so diversification isn't a huge issue yet, although that is partly why I want to mix it up with a buy and hold between every few flips.

If you know any other property owners in the neighborhood who recently completed a sale or refinance they will likely have a copy of the appraisal.Have your realtor pull all the sales comps within a mile or less and start picking the most similar properties in terms of square footage, bed/bath mix, etc. 

I see it more of a difference in how you all view finances, in terms of mixing them in a relationship. 

Multis in single family neighborhoods have much higher rents then in multi neighborhoods and Worcester provides a mix of each