I would plan to just go ahead an vanilla shell the remaining half while I'm at it (surprisingly few people want the ability to customize their space, they want it to start as vanilla). 

We didn’t want the down payment cash tied up that long.

Need help to know if this is common practice of collection by General partners (as they are not bringing dollar to the table, but bringing their expertise; taking liability on the remaining of the loan and also finding a deal) ((( but collection through out holding the property by the personally owned management company and at the and sale price collected as realtor fees are steep !!!) 

Given your time horizon, your lender have a floating rate product [the HELOC] tied to a fixed rate loan, which is a bad idea, never mind the fact that they could call the HELOC at anytime. 

Market remains hot, but I'm continuously surprised by new residents from large cities (i.e.

I bought last year, I bought two new houses this year and am actively making offers trying to tie up four more deals this year. 

After your first use you will have a remaining amount of eligibility for use that will depend on the amount of your first loan and the County loan limits that you are looking to purchase in.

Short term rentals are much more risky than long-term rentals because vacationing is tied in with the overall health on the U.S. economy.

I am 17, turning 18 soon, and am just curious in how I can involve family, close friends, and potential future partners in deals, who want to remain passive, but look to me for financial advice.

Great point on not getting to tied down into a few % on the first deal.