.\- FINANCING STRATEGY: list price is $90k, I will be opening up a HELOC on primary residence to get the $18k for the down payment and then hopefully a traditional mortgage for the other 80%

Interest rates are really low so I'd recommend a traditional loan (set it up as a refinance from your parents loan). 

Originally posted by @Rich Bultema:My third property was listed just a few months after that.

Even if I leave $1000 on the table because I didn't choose to be a tightwad, I know that money will come back to me ten times over because real estate is a people business.These Brooklyn "businessmen" are rich, but they aren't truly wealthy, and I don't think they will ever be in that environment.

People will still need places to live, but the crowds of the traditional spring market will only be a fraction of what we have normally seen in the last few years.Of course every market is different, but I'd assume being in a state with almost 5000 COVID-19 cases would mean that you're probably going to see a significant decline in real estate foot traffic for the time being.

I wonder what people on BP think about this interview with Harry Dent on Rich Dad Radio: https://www.richdad.com/podcasts/harry-dent-4I mean, the BP podcasts make it seem like everybody's favorite book is "Rich Dad, Poor Dad" (I'm neither a fan or a critic).

For investment properties your loan will generally be a point higher than current traditional mortgage rates.

For me personally, I want to continue to grow my traditional retirement accounts along with real estate so I wouldn't do it. 

Building the traditional storage space might be a bit more costly than you'd like, but a large barn like building that can be partitioned off might make sense.

Even in a good market, refi's are notorious to be very conservative on appraised values, and you may not have enough upside in many deals to fully take out the HML with traditional financing.