I would certainly ask about what your future LTV would be on a cash out loan to determine how much cash you would potentially be able to get...your property would need to increase in value considerably if you only put 3.5% down when you purchased it.

A $1million home will have $276,000 in value increase after 5 years (using that same 5% appreciation per year).

Unless you are going to self- perform, building a one off single family home in Grays Ferry will not be profitable.

Also, if you put in money into renovating your current home, you can increase the equity and qualify for a higher HELOC amount or do a cash out refinance. 

The only option you have is if you leave that employer, then you could take those funds and move them to a self-directed IRA

Personally, I've placed my confidence in Bozeman, having invested in both rental properties and established my primary residence in the greater Bozeman area.In my capacity as a real estate appraiser, my focus on long-term value factors has allowed me to witness the area's consistent appreciation.

There is a significant difference between a "business" and "self-employed". 

I live in Sarasota and self-manage here locally.Suggestion about what to do, It really is a question of “what do you want.”You say they don’t want to pay for 2 places.

This price increase is largely attributed to the limited supply, which is not meeting the high demand.

Offer to pay him an increase in the interest rate for 14 months.