Hey guys,

New to BP, first post.  Thanks for any insight.

Here is my situation.  I have three properties. 

First: Primary, about 600k, owe about 330.
Second:  Rental, about 550k, fully paid off
Third: Rental, 500k, owe about 270k.

I want to invest in more properties.  I am in the process of getting a heloc on my primary.  about 100k to invest in rental properties in Texas.  I want to buy about two properties with that.  After that, what i'm asking you guys is.  Where should I get more money to invest.  Take the hit on my third property by selling it and using the proceeds to buy more properties in Texas.  Apparently I can't take a heloc off a rental.  I don't know how that is because people seem to do it all the time.

Please help.

Thanks

Yooch