There is a processing fee if you choose the credit card option, but a direct ACH has no additional charges.

However for those that are still younger it’s a great option.

I would possibly look into some other options in the regions.Good luck!

A third option could be to sell.

Using a HELOC for the down payment on the second home might be an option, but lenders may require you to wait a few months post-closing on the multi-family before approving new loans.The BRRRR-style approach could work if you can renovate and refinance quickly, but make sure the timeline aligns with your lender’s requirements.

Focus on neighborhoods near employers or schools, and explore slightly outside Austin for more affordable options. 

But with perseverance and a willingness to explore unconventional options, you can turn even the toughest situations into successes.Have any of you ever faced a deal that seemed destined to fail?

Below is 5-year job growth, sourced from the Bureau of Labor Statistics:Next is 5-year median price growth, sourced from Zillow:And here is 5-year median rent growth, also sourced from Zillow:Detroit's job growth is still far below the national average. 

Often times, their approval processes are slow.Credit Unions - Their member structure also subsidizes their financial structure so they can also be a source of low-cost financing.

Hey Marc - I understand not wanting to pay for plumbing work, but fixing the issue by getting a plumber might be the best option.