HELOC better used for short term, ideally for under a year.

Rahul, I have about 10 you can talk to. you'll also want to have an equity partner with new build experience so you can get the best terms. most of ours are national lenders. we doing joint parnterhsips for new builds and take a small interest in a single purpose entity for example:Rahuls New Build LLC (95% owner)Pink Development and Construction LLC (5% owner, no voting or distribution rights)Take title to "Miami New Build Limited Partnership LLC" which is a single purpose entity. 

Sounds like maybe the egress window is the way to go if I want it to be a legal bed.I see in the code that it states that it can't be "below grade and damp".I was wondering if anyone knows if that means as long as I have a built in dehumidifier running, then it would be ok?

We are moving to another home that we have renovated, and will be renting out our primary residence on a long-term lease.

The rate depends on how long you've owned the property and your income level.3.

The partner in question has multiple times the loan amount in his bank accounts/liquid assets.You should definitely be able to find other options with more competitive terms.

Factor in costs such as:Property taxesInsuranceMaintenance and repairsProperty management feesVacancy periodsLong-Term Strategy:With plans to acquire multiple properties, develop a clear long-term strategy.

What were the terms?

I have a guy that buys single family homes at $150,000 no rehab puts 20-% down and rents it the next day long way to invest but he has been doing it on the upswing and now just refinance the older ones to buy the next ones.

I would have them go through the same steps you would go through for a regular long term tenant.