@Danielle Zito We did this (reappraised a three-decker in Boston to apply for a HELOC to fund investment down payment on another, also Boston) and though rates are variable on the product we have, they're fixed for a period of time first - so paying it back is a priority.In terms of timing, it does take some time to get through the HELOC process, so you probably want to start sooner rather than later, but I would discuss with your mortgage lender as well.

Foreclosures are going to be in far worse condition than turnkey products.

What helps me is to think "Individuals" vs "Businesses" and not so much hard money lender vs. private lender. 

This is why I'm thinking about portfolio loaning them to a 30 year product. 

I especially like the flexibility of this type of loan product and the low interest rates. 

The question that becomes important is the D.S.C.R. and the ability to obtain the properties individually.

BasicallyHow much profit can you make with rentals (apartments, duplexes, etc), and regarding loan products, how much capital would be required per year to reach my goals mentioned below? 

I'm hoping to find a few more motivated sellers before the year is out.

., your good deal may be priced at $80/sqft "all-in" in the submarket where retail houses are priced at $110/sqft and rents are above $1/sqft.You need to know these numbers before looking at individual properties.

While I am familiar with the ADA response to this topic -essentially all favorable to a tenant, but it appears there is an abuse of the definition as they are all employed, functional individuals who leave the assistive pet at home all day.