I own units with a wrap mortgage, however, the bank that had the current loan worked with us and basically let us take it over subject to because we were coming in to help save the owner/seller, so they were aware the whole time.

@Seth McGatheyTypically, a HELOC (secured loan) is better for your credit than a credit card (unsecured loan), which is affected by a credit utilization ratio.It is important to note that a 0% interest balance transfer card is far from 0%.

I'm considering a business loan of $35,000, with my credit score at 748.

It’s full of idiots who have nothing better to do all day than troll the Mortgage Grapevine, and they obviously aren’t making any loans!

But just generically speaking, STR returns are almost almost always going to blow the LTR returns out of the water for lakefront cabins in Minnesota.For financing, the two options that come to mind would be a 10% down second/vacation home loan, or a DSCR loan at 20%+ down. 

Aug 2 I am relisting the house if I don't have a signed lease.  

There is 167k left on an 11 year loan at 2.8%.The property technically has a negative cash flow of $200 a month.They have just retired and do not want to deal with the upkeep or a rental.

.* The house could sit on-market a while, meaning the PM doesn't take a commission for 6-9 months on that project. 

You can hold title in an LLC with this loan. 

I am looking for house flippers that invest in the Ranger/Eastland/Cisco, Texas area.