Short term, assuming the real estate lobby doesn't sue this to keep delaying/appealing, once it goes into effect there will be no more broker fees paid by tenant *unless they hire the broker*Some long term effects I can predict already: - Landlords now having to absorb broker fees will bake this into the rent (e.g. how "no fee" units typically are priced a little higher than other units) - Real estate board will require another document (or checkbox) for tenants to sign stating that they're hiring the listing broker and responsible for compensating them for their fee *if* they apply and are approved- Regular New Yorkers will have an even harder time to find an apartment because you cannot legislate/regulate away a housing crises... 

But I guess some tenants may want to do that instead of putting a traditional large deposit down. 

 Cleveland OH offers to pay for half of the sidewalk and apron replacement.   

Welcome to BiggerPockets, Brian! 

Traditionally from what I have seen HELOCs are always interest only and usually variable.

Ryann McNeil - would like to connect with you about the Cahokia Heights market.

What made you interested in investing in this type of deal?

I did so.

hi guys,I have saved a 20% downpayment a property but struggling to save the remaining 65K for fixing the property up.Example, the property cost 150K, I saved up 35k, but struggling to save up an additional 65K to do the rehab (my understanding the lender will not give me the rehab money right away, I have to pay my own money to start rehabbing and the lender then will reimburse me in stages the rehab portion)Correct?

What made you interested in investing in this type of deal?