The HELOC is a great tool when you are doing a large remodel, flip, or BRRRR, and plan to refinance to repay the HELOC.

(so 751 is too good to be true !)

Newbie here, looking to house hack first duplex.

Haven't found much resources on how to structure the deal whether to buy out partner's shares at existing basis (I believe this wouldn't be advantageous as I wouldn't get to mark the asset to market and lose out on depreciation) or open new LLC or S-Corp and buy out both partners (I would end up taking gain tax due to sale but would get new dep. basis).

Hi Dave,Forgive the late reply; I'm new to the BP forum, but thoughtI'd offer my thoughts.

At the moment is not that I need this money to continue investing.

That seems backwards to me.

Becoming an agent is attractive to me due to the earning potential, relationship building and flexibility.

When rates went up from epic lows, it would be impossible to achieve that.

Additionally, Miami has seen an increase in demand from international buyers, which has driven up prices and the exclusivity of properties.Sarasota: Although less known than Miami, Sarasota is attracting investors due to its tranquility, proximity to beaches, and the opportunity to acquire luxury properties at more affordable prices than in other areas.