Beautiful and picturesque, adorable small town, Land is in a preservation zone, but there are ways besides subdivision to make money on land.

He rightfully is thinking that a. you can't spend equity, it has to be converted to money to be useful b.

Just like everyone else in the world, I exchange my time, work ethic, and knowledge for money.  

During this time you are not generating any return from the money invested in the ADU.

Hey Stanley, I'm a hard money lender based out of Orlando.

The goal is to buy their home before loosing it back to the bank and in alot of cases we are able to buy and give them money to move onto the next stage of their life.

But primarily for the efficiency of money.

This deal was financing using a hard money loan.

just be cautious when it comes to using these. ensure you've got a plan to pay that balance back in a relatively quick fashion as most HELOC rates can fluctuate which could make the numbers suddenly not work. i've leveraged mine in instances where i'm doing a BRRR and i want the deposit for a private money loan. i'm not using it as my downpayment and leaving it out there for a long period of time. 

Between our equity in properties and money in savings I believe we could comfortably acquire two to three more houses, we just need to have a conversation about risk tolerance I guess.