Purchase price: $172,000 Cash invested: $43,000 We purchased this rehabbed home and added a privacy fence, removed overhanging trees, finished the countertops, built a firepit, security system, camera's, fixed the sidewalk and turned it into an airbnb.

Unfortunately I don't have much equity in my home to do a HELOC there.Does anyone have a possible lending solution? 

Explain what goes into the pricing...school districts, direction of the home (some ethnic groups like East/North), style, size or whatever you need to explain to a 5 year old....tile roof vs asphalt or whatever.   

The other markets are in southern states.My buyers are typically the "trades".  

It will be an STR with no personal use  Background: high income W2 job, no primary home (ADU on family's land property, happy twith this) so can't get umbrella policy with most insurers as they want auto and homeowners for primary home before offering umbrella  Quotes from foremost and proper.

Land Basis for Condos – Typically determined using county assessor records or HOA allocation.3.

Called a realtor about a different multi-family home.

What are the homes worth?

We have secured a home equity loan against our home (which we own out right with no mortgage payment).

Quote from @Horacio Renteria: I became an accidental land lord after a divorce in 2020 (bought ex out for equity) then purchased a second home as primary in 2020 for 2.85% interest and has increased in equity 115%.