I'm currently weighing my options between using cash from my HELOC or getting a private money loan for the purchase and rehab of a property.

My options are:Sell: Maximize down payment in NC, reduce debt.HELOC+Rent: Keep NJ property as an investment, rent for potential $3,300/month.I'm interested in long-term wealth building.

Here are the details:Assumable loan balance: $750k at 2.75%List price: $950kDownpayment needed: $200k to cover the differenceMy initial plan to make this deal work included a few options:Getting a loan for the $200k difference.Bringing in a partner.Asking for seller financing.However, when I discussed these options with my agent, I hit a few roadblocks:Second Mortgage: My agent said no bank would provide a second position loan for the $200k.Seller Financing: He mentioned that 99% of sellers would reject this, though we're asking anyway.Agent's Advice: He suggested I just get a conventional loan and put 5% down for the full $950k, but I feel this defeats the purpose of leveraging the assumable loan.Given these challenges, I’m trying to figure out the best way to raise the $200k.

It definitely can help add time back into your life and they can be a great source of information on vacancy rates, current market rent rates, etc. 

Would be happy to explore your options with you when you have time. 

By reading the summary, I can quickly determine whether the article is relevant to what we do.Finding information sources - For example, I can ask ChatGPT to provide information sources on a specific topic.Refine emails and articles.

Give them your price as option A.

I haven't had any consumer debt since 2011 and have been job optional for years. 

Tenant cloud is probably the cheapest option out there.

You will then have a few options with that rent money....you can put it into principal or you can start saving it to purchase yet another property.