It will familiarize you with the basic terminology and benefits.

It will familiarize you with the basic terminology and benefits.

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $168,000

Cash invested: $28,000

Sale price: $245,000

Converted primary residence into buy-and hold in 2020 and ...

It could be a good option if you're looking for long-term value growth.

Unfortunately I did not do the requisite due diligence early enough in terms of Zoning and I can not execute that plan. 

Buying in San Diego county at retail is a long term investment.  

I'm interested in getting started with turnkey and/or brrrr for long term hold.

While still allowing you to reap all of the benefits of real estate ownership including not just a return, but also capital appreciation, depreciation, and amortization of the loan (if you have one).This kind of transition is exactly what 1031 exchanges are designed for.

Listed some of the tax benefits you can receive while building an ADU and once the ADU is built from my research. 

Hey Zachary I think it's essential to look beyond mere interest rate differentials and focus on strategic benefits, particularly if scaling your portfolio is a long term goal.Key considerations:Pre-payment penalties: Determine if the HELOC has any penalties, impacting your flexibility payoff.Scaling strategy: Evaluate the scalability and limitations of each financing option.Advantage of HML: Allows scaling without hard credit pulls, and no pre-payment penalties.Holding costs: Factor in not just interest rate differences but also ancillary expenses as well as overall goals of scaling.Example scenario:Property purchase for $120,000 with $30,000 renovation.