But when I look at the numbers, arbitraging your HELOC is common.

It's super frustrating when you work with investors every day, and the common refrain is I want to buy a passive turnkey property, but it must cash flow.

The buyers and potential renters in that particular neighborhood will not be phased or even aware of that kind of violence. 

Bit of a wild situation here, at least to me and my lender; maybe it is more common than we think, not sure honestly.

Lender - "What kind of rates are you guys seeing on DSCR lately?"

What is the kind of timeline you are looking for also?

So, the common person may ask - well how is me funding the rehab myself any more risky for the lender/why would they want to limit leverage?

@Meghan Carson: Thank you so much for your kind words & encouragement—I really appreciate it!

Be sure to actually contact the landlord for verification—fake references are more common than you’d think.In-Person Meeting: Meeting potential roommates in person is a great way to get a feel for compatibility.

IE its common in so many areas that the 500k home in Wis sits on a 75k or 100k lot and 300 to 400k is the cost to construct say at 150 to 200 a foot..