You're losing up to $200 a month (on the high end) or $50 on the low end, again another $2400-$600 a year.

Happy Wednesday BP community,Being in such a high demand market, networking and finding reliable people to work with has been challenging.

Purchase price: $1,360,000 Cash invested: $500,000 1BR 1BA with outdoor patio and water views in Manhattan's beloved West Village What made you interested in investing in this type of deal?

I love the idea of adding a touch of luxury to make it feel like a high-end haven, like a fancy Jacuzzi bath, just to name one.

@Samuel Metcalf- Most HELOC lenders  only lend on primary homes ...the  few lenders that do HELOCS on  rentals will likely have a low  CLTV   ( and a high margin over prime  which will lead to a rate in double digits ) .. check  with the banks / credit union located close to the property  and  also maybe there will be some feedback on this thread  pointing towards lendign sources that might work 

I am not a fan for increasing density in highly desirable areas just because people want to live there. 

I'm currently considering an off-market potential deal in GA and would like to do a quick sanity check on my underwriting with your help:Land Size: 96 acresDevelopment Potential: Zoning allows for 3 houses per acreLocation Perks: Public water.

Dianna is highly regarded for her talent in identifying exclusive investment opportunities, conducting project analysis, and implementing distinctive marketing strategies.

What's your best advice for getting her boat back in the NYC waters?

The likelihood of the bank calling the loan isn't super high, however that is completely dependent upon what bank holds the loan.