Your question was answered but I am curious - Why would you take out a HELOC for a six month cd? 

It sold for $440,000 5 months ago.

Work backwards from your $300,000 annual target to monthly say $25,000 per month.  

Often, they don't need to be moved in by the time of the appraisal, but if you have a signed lease, first month's rent receipt, and a receipt of the security deposit then the lender will often treat the property as occupied which can help increase your max loan amount in some cases.

In the coming months, they may be released from their government overlords.

Hey there...Pilgrim Village neighborhood, I get 1100/month in rent and already have tenants.

I can sell and get ~$93k of that value add (using 7% selling costs) or I can hold and in 8 months have less of the value add present after accounting for the negative cash flow ($92k and decreasing monthly).My last two planned BRRRRs I never did the refi and one has over a $1m equity position.  

MAREI's still here, we meet at the Double Tree on the 2nd Tuesday of the month from 6 to 9 and we have a meeting after the meeting.1st Meeting is FREE.We have generally 100 in attendance.Come out and check it out, join our community -Next meeting is February 11th, 2025

The payment is roughly $260 a month.

When he came to me, she was three months behind on rent, and her unauthorized dogs, cats, and roommates had caused about $4000 in damages.