My general plan was to actually hire a home builder after i approve plans and drawings.

I know finding a lender that will extend a HELOC on a non owner occupied property would be tough but, if 80% LTV on a HELOC covers the purchase price + repairs I could do a full draw and give it all back to the family member, and then simply pay off the HELOC... 

So the pricing stability and consistent appreciation is what draws investors here more than cash flow. 

Food trucks were once big draws across Los Angeles, including in Westside commercial districts, with regular weekly events on Main Street in Santa Monica and monthly First Friday affairs on Abbot Kinney in Venice.

@Liam HanlonDemoMeasure roomsHomestyler dot com to draw it to scale.

@Raj Kaushal drive to locations with an outside nature draw, ie lakes, ocean, mountains.

A HELOC lets you pay down aggressively, but also draw against it when needed. 

Having the ability to draw down the equity has given me a lot more freedom. 

We are going to go back to the drawing board and completely rethink our strategy going into this.

UtahAmericafirst 80% LTV on noo 65% LTV UtahArvest Bank AR, OK, AL, MO Bank of West (BNP Paribas) 60% LTV ELOCs BB&T will loan on a rental portfolioBBVA Compass Bellwether NH and MA 85% to 100%, draw 10 yrsBoeing employee credit union California: Cal Coast Credit Union and Fremont BankCitizens Bank -Minnesota, only in-state.