Thank you all for your time in reading this.Have an excellent evening!

@Douglas Ellis this is truly difficult to answer without knowing your whole position, experience, goals, etc. you can make an argument for each method. 20% down minimum exposure, rent as-is, won’t cash flow as high, but if you can manage and maintain, the product will hopefully run itself with the occasional maintenance call and such.

I don’t mind paying for one if needed, I just need a better format than my DIY version in excel.

The 10 year maturity date is where the HELOC will modify into a different product all together.

Include in that a visit to see for yourself, and make sure you are working with a property management that has an excellent record.

The 10 year maturity date is where the HELOC will modify into a different product all together.

So not specifying exactly what each product is and specifications for your contractor gives them the same room to move. 

Property that qualifies is property that has been purchased with the intent of holding for productive use in business, for trade, or for investment. 

KB had a bad rep for a long time, but they have been working hard to deliver a better product for the past several years.

Not to be Debbie Downer on the FHA approach, because 203k is a great loan product....but when a duplex has competing bids, the FHA offer will be pushed aside.