In that case, this would need to be an all-cash purchase and could be sold along with any liens, violations, or judgments against the property to be the responsibility of the purchaser.To your point, this is difficult but feasible.

Does this strategy sound feasible?

We will lose out on $100k but get our cash out and the new investor will clear $100k by sitting on a deal for a year (while collecting rents).Does this seem feasible or something that would be attractive to an investor?

Is this feasible for us to qualify?

I would love to hear what your experience has been and what advice you may have as I am looking to PCS to the Virginia Beach, VA area soon and am wondering if it's feasible or recommended to look into a building a MFR to househack.

I just submitted a conceptual plan to the City and they agreed to do a feasibility analysis to see if SB-9 will work for my parcel.

Complete a cost seg study - combined with leverage it is feasible to deduct your entire equity contribution in year 1.Also follow me for more insights around cost segregation and real estate taxes!

I wouldnt want to see you get to the point of needing the heloc and finding out it isn't feasible.

Depending on demand in your area that should be feasible.

Due Diligence and Feasibility Studies - What studies or tests are essential before purchasing raw land?