I ended up selling that particular property.

If you already have a high interest rate, consider a cash-out refinance with a fixed rate rather than a HELOC.A third option could be to sell.

Just like MLM sells to dreamers.

Especially, if you're eventually planning to sell the property it is always good to show the the work was permitted. 

Contact potential sellers who are not actively seeking to sell their real estate holdings.  

Its easy to sell high yield deals.Looks like the rates they advertise are a good bit higher than other options ive found.

Such a horrible loss.Regarding your property, I think as the trends in the report continue over the short term you will be able to sell closer to full value in coming months.

Quote from @Samuel Hudson: Hello friends I am new the market and recently bought a home in Weehawken 6 months backs .Its a three family home and we are currently doing renovations Right now.The rent leveling board told me that two units would have to follow a rent of 1650 for unit 1 which has three bedrooms and another unknown amount for unit 2 which they don’t have the information for .The previous seller I purchased the property from bought it as a tax lien .He has kept the property vacant for two years with no tenants before selling it to me .However ,the previous Owner he bought it from must have had tenants .I am putting in a lot of money into renovations and want some clarity on the situation I am in .The property has been vacant for the two years and currently still is as we are doing renovation .It would be really appreciated if anyone can assist me on what information needs to be provided by from the previous seller for me to be able to set the rent based on the market value .Thank you . 

Right, but to get an ARV close to $130k, you'll probably need rent to be close to $1,300 unless you can sell it to a retail buyer, which could be a big risk on its own. 

@Jason Khoury what would you do if you worked for a nonparofit and had to sell a property?