You are not taxed when you are taking out a loan. 

When title transfers, the lender has the right to require that the loan be paid off entirely.

I can think of several reasons - but the bottom line is that since a HELOC is going to have a higher, variable interest rate, and a DSCR or conventional loan is going to have a lower, fixed rate... it wouldn't make any sense to have the BRRRR sit on the HELOC. 

Analyze the possibility of property slicing in Nashville, scrutinize neighboring markets, and explore financing alternatives like FHA loans.

The vast majority of lawsuits against Landlords are for wrongful eviction, security deposit disputes, and Fair Housing Violations.

I personally don't mess around with landlording and loans any more.

A number of comments enthusiastically endorsed cutting out large pieces of drywall just to start assessing this problem.

My friend loaned someone money for a real estate deal. 

Construction Loan with at 80% LTC with $ 800,000 held back for construction and misc. soft costs.How did you add value to the deal?

On day one they just chanted about how much money you can make and had hard money lenders pitching loans to us.