LMHA is relocating residents from Dosker Manor due to mold, rodents, and crime.Dosker Manor will be torn down, and residents will be moved to other accommodations.LMHA surveyed residents; they need help with medical care, groceries, and financial management.Relocations will start in August, with around 600 residents moving over 18 months.The first 100 residents will move to LMHA-owned properties; the rest will go to low-income housing.LMHA is covering moving costs and offering reimbursements up to $1,300 for self-movers.

Most of these are small areas without many multifamily offerings listed for sale.  

They are a summer weight comforter and these are a bit thinner that those.Overall they are a larger size than your typical Walmart/Target comforter so they will hang nice on the bed and work great as a summer weight cover.

The 4 bedroom home in this area of Ocala typically are listed for about $320,000 range.

But my plan is to pay off what’s left to own it free and clear and do seller financing. my plan is to offer 15 or 30 years at a normal rate that someone could get from the bank at time of closing.

My question is, do you think that it is a good idea to take out a HELOC in order to use it as a down payment for our first property, and how long typically after purchasing the home is it ok to do so?

He may be losing out to cash offers but they may be just as high as his offers.

Hey @Shane Insang I'm a Bronx based Broker, Resident and Lic.Expeditor here in NYCand can offer some insight into your plan if you'd like in terms of rent room specifics. 

Turn over is typically higher than a normal rental, so you have to get good at finding and screening tenants/ house mates. 

What is the typical way to go about this?