I am hoping to pull pull out the cash from the home to make a large purchase.

Hello BP 😎 ai am new here but i listen to real estate rookie for awhile. i bought single family house in 2019 and now  i want to buy a four family house i have home equity should i use it at a down payment or not around here in boston the 4 family house is between 900,000-1.2M so i need to do house hack put down payments as low as 3.5% and rent my single family and show the Leander as an income to and i only have 30k saved up and the leander want to see 3 month reserve should i take HELOC and show them that i have reserve or is there any other  options?

My husband and I will be taking my in-laws into our home due to health issues.

Not only that but you are going to carry a Heloc in a 2nd lien position and you will not be able to pull out more cash unless you do a cash out refinance to pay off the previous Heloc and take out more cash.85% of the home owners who take out a Heloc refinance in 3-5 years so it makes more sense to simply do a COR and avoid the future closing costs.

Construction loans don't care about the properties income (DSCR loans do) but construction loans do care about you making the payments while the home is under construction and then REFINANCING out of the construction loan after the construction is complete. 

My family and I are contemplating building a 2nd home on Beach Lake or Sunset Lake in particular (5 minutes from Castle Rock Lake) and utilizing it as an STR the rest of the year when not there. 

Each property has a home warranty so repairs typically just require a call to the home warranty company who then organizes the logistics of setting up a handyman from their network.

The debt: 7.10% rate FIXED for 10 years, 2 years interest only, 25 year AM.Thank you to all of our TEAM at The Stephan Group who will be involved to make this deal a HOME RUN play.

I am trying to get some sustainable builders established in a "spec home" subdivision.

This would only be the 2nd tenant I've had at my first rental property, which was my family's previous home, and I really, so I really don't want to put myself at risk of having to go through legal hurdles if there's issues with her, so I'm strongly considering looking for a new tenant.