Any resources, tips, or personal experiences would be incredibly helpful as I explore this investment opportunity!

@Sudheer Kumar - we can help here but need to better understand the Refinance out of the loan assumption better.  

Purchase price: $515,000 My vacation home on Grand Lake What made you interested in investing in this type of deal?

Do you need all this for a couple of rentals?

Okay great, that's really helpful thank you! 

Thanks for any help.

Our goal is to identify neighborhoods where we can convert single-family homes into multi-unit buildings.📌 I’d love to connect with:Investors or developers experienced in BRRRR or rezoning projectsReal estate agents, architects, and attorneys familiar with the local marketProfessionals with expertise in expediting demolition and building permits in AtlantaI’m eager to learn from your experience, hear useful tips, and explore potential collaboration opportunities.

I have never considered this avenue, but based on what you wrote, there are many good reasons to look more into it. 

We haven’t tapped into all the heloc and it’s a small heloc so we can use the remainder cash in it that’s untapped for reserves if need be till we catch up..We talked to our realtor and it was this close to hitting the MLS .

Be sure to check out the free tools BP provides to help analyze deals you may have and also market insights.