I wish we could tap into equity as easy as that. let me know if I can help in any way but probably not to answer your question. if you can split the lot and sell half that might be an idea to recapitalize. that's the the only way 

Registered agent is in case you need to be served legal papers, they will accept them on your behalf unless you would want to be served at your home or work, and technically it must be a place where you are available between working hours. 

We plan to do a lead inspection first but just want to get a general idea of how much it will cost before purchasing this property.Thanks in advance,Ann

Hello,We are being approached to GC/partner on a spec home with whom the client owns the lot and will be securing the construction financing himself in order to do the deal.

I have a few properties in Durham which I obtained as a 1031 in 2022 or so, and they are currently not really cash flowing.

In the end it's my responsibility to forecast any big projects that may happen in the next few years and make sure I'm covered for those.

If you are looking to expand to other properties in the future, that option of a cash-out refinance or HELOC on your appreciating asset is always there. 

Unless you have millions in equity, I wouldn't even recommend considering it.

Glad everything worked out in the end! 

If something breaks in the unit, they should not pay a deductible in my opinion.