It is not linear.

Inversely if you have a $100,000 5% 1st mortgage and want $250,000 you should go with a cashout mgt.Be careful, *some* lenders will discourage HELOCs b/c they make less $ on them or only offer them to get people's foot in the door.Quick Example Scenario. $250,000 1st mgt at 4% $1200/mn$100,000 HELOC at 10% - 12% $830 -$1000/mnor$350,000 $7.5% - $2,450/mn

I've managed to house hack my way to owning a fully paid-off 2-bedroom, 1-bath, 900-square-foot home valued at approximately $67,500.

So I always say when it is personal, get with your agent and come up with your best foot forward  

Anyone in the biz should know their price per square foot: Flooring, painting, sheetrocking, tile, they should all have a price per square foot that they can tell you. 

lots of good people to connect with. anything related to new construction please reach out. we focus on the downtown and downtown adjacent markets where price per square foot is some of the highest in all of central ohio.

Also, You can try wholesaling since your interested in real estate- this is probally the best option IMO since it will help you get your foot in the door of real estate investing with a low cost of entryThese are just a few options I can think of at the top of my hand.

On the resale' an appraisal gives a value of 40-45k for an ADU, versus a duplex conversion you will get full value of each square foot.

Milwaukee is a very linear market, things don''t change fast here.

Here in Oregon the beginning of the year (Jan/Feb/March) foot traffic typically slows down considerably.