Texas REI: Mortgage Broker for HELOAN and Conventional Loan?

[Ashlyn Sarrett]

Hi Everyone,

I have one rental property and a primary residence. I have bought 4 total homes in Texas but I don't know much about REI so please be nice to me or else.... bwahahahahah

Objective: 

1. take out a HELOAN on my rental property for $70k. 

2. Purchase a new primary (turn my existing home into a rental) and use the HELOAN funds as a down payment

Considerations:

 - Over half of my income is from RSUs that I vest in bi-annually so finding a mortgage lender that understands this has been challenging. 

Question:

1. Has anyone done this recently in Texas and if so, did you use a mortgage broker or find the products on your own?

2. Calling all seasoned peeps: What am I not thinking of? This is the first time I'll be utilizing this strategy. I am unsure of any hidden fees or expenses that I need to consider. I aware I will need to get my current home rented prior to closing on the mortgage of our new primary. We have been in our current home less than a year but will need a new primary because our current home doesn't have dedicated office space and I've realized that I must have this to maintain my sanity. 

Thanks!

Ashlyn