Please feel free to reach out if you have any questions.

Securing a sponsor can be challenging, especially when they have concerns about your capabilities to manage the property and keep it profitable.So, let me share a suggestion that might make a potential sponsor more comfortable:Offer to have them oversee the asset and property management aspects, including the control over cash flow.

Feel free to PM me with any specific questions or if you need advice.

Feel free to reach out if you want to explore the opportunities across the front range in Colorado! 

or just ask the question here in the forums.the best way to have a down payment... is usually cash.

Feel free to add more or suggest different ones.

So maybe you pay $2000 for the HOA deed and then pay HOA monthly and you get to live rent free saving $1000-$1500/month rent for 6-12 months or however long it takes for foreclosure from the lender. 

Feel free to reach out if you have any questions or need further advice.

STRs generally equal more cash flow but more work.

In your case, my gut tells me just do one cash out refinance rather than a HELOC into a refinance because it will save you from paying two sets of closing costs and title fees.