A general credit line, on the other hand, could be secured by other assets or unsecured, and doesn't necessarily involve your home equity.HELOC Characteristics: - Uses your home as collateral - Usually has a lower interest rate than unsecured credit lines - Typically has a variable interest rate - Allows you to borrow up to a certain limit, repay, and borrow again during the draw period - Can be used for various purposes, including home improvements, debt consolidation, or as an emergency fund While it's possible to use a HELOC for RE investing or rehab projects, some lenders may be hesitant about this use.

@Shibashis Dutta we've not only got clients from Canada, but also from around the world.We've very familiar with setting up the proper USA tax options for foreign clients:)

This would probably help since the next one I build I could immediately put for sale and do a short term rental while it sells.I have many years of construction experience and have also done a fix and flip, in addition to building ground up construction, as well as 10 years of entrepreneurial experience running a paddle board rental company... i have a BS in Physics from Georgia Tech , a PhD in Theoretical Chemistry from UT Austin, and did Postdoctoral research using Computational Engineering where I designed, manufactured, and tested a shock mitigating metamaterial...

Then look up their website and start contacting them to see if they’re looking to expand.

If it's your building, and you want to clean it up, clean all of it up.

Me not being an accounting guru....depreciation was a bit tricky to set up, however they have a few guides, customer support may walk you through it and searching via google will help you put the correct entries.  

I’m up ideating another strategy idea for the property & Greenville.

They do have some options for building up (see three story image below) but we created an apartment that consists of studios units, in the standard 16x74 foot modular home rectangle.

If the deal blows up, find another and start the process again.Keep in mind that a goal without a deadline is just a dream.Light the wick!

Thanks Hi Mitchell, did you end up signing up with RESimpli?