Kory, so if I understand, create trace from HELOC distributions and tie to airbnb activity via receipts or documented transactions for that activity.Example: bought land with HELOC - show date, purchase price, location, account for other HELOC proceeds in similar fashion?

Purchase price: $289,000 Cash invested: $25,000 4 2 bedroom units bringing in $800 for each unit.

Duplexes are probably too expensive but fourplex prices have stabilized at reasonable-ish prices for a long term hold.https://www.biggerpockets.com/member-blogs/10185/103223-kill...

From there, back calculate an offer price you would be comfortable moving forward with in this current market.

Home price appreciation outpaced even aggressive projections

Sale Price vs List Price spike in April from a constant 0% difference.

If he did all that, he should be charging you above market prices..i.e. 30% markup.

Purchase price: $90,000 Cash invested: $18,000 This is my first buy and hold property.

So your pricing will be higher for a 80% LTV loan than for a 60% LTV loan.3.

Purchase price: $400,000 This was an off-market seller financed deal with a local investor who had owned the property for over 30 years!