If you have any questions let me know I enjoy helping and talking REI!

Yes, we are all here to help you, but not spoonfeed you!

Our understanding is that the right structure could help us manage and potentially reduce our W-2 tax burden.

@Russell Brazil can probably help.

I can help with this, would need some more info in order to set it up and see your options though.

fha. 3.8% interest and Currently owe 450kMortgage $3,400.00Currently we are renting home out for $2,400 and taking a lossLiving in an apartment for $1700 making total living cost $2700 with the 1k for covering loss on home Household income 180k-200k Please help me figure out what makes the most sense in this situation.

Let me know how I can help!

Thanks for all the help and guidance. 

If you’re confident in these numbers, it could help mitigate the risk.Exit Strategy: Your plan to refinance after construction is solid, but keep an eye on where interest rates are heading and ensure the cash-out refinance will cover the HELOC without leaving you in a tight spot.It sounds like you're on the right track, but if you're still feeling uncertain, it might be worth consulting with a local real estate professional or financial advisor who can help you analyze the deal further.

Let me know if anyone need help in that.