Facebook has become a big one, but you have to watch out for bad actors.

Second: writing off the full cost of a new car is badly overhyped.

Whether you consider that good or bad depends on whether you are a buyer or seller. 

That being said, if this is a Heloc for an investment property and not your primary residence, most banks and CU's treat these as commercial LoCs, so the rate is likely be 9-12%.

I talked to numerous California investors in real life and phone/Zoom calls who have lost money in far away OOS markets, mostly Midwest markets (e.g. repairs, capital expenses, bad tenants, properties vandalized while under renovation, evicted tenant stole all the appliances, property managers with high fees or overcharging for repairs).

Eamon,Any time you face a major issue with a bank/lender and they fail to refund your money or it costs you money and a lost deal due to ignorance or bad lending. 

If there loan origination/underwriting process is robotic, expect a robotic loan administration process more times than not (which is generally a bad borrowing experience, particularly if there's adversity).  

Unfortunately I had a bad inspector who missed a lot which made it about a $60K renovation instead of what I planned for which was $15K.

If the HOA seems like they’re making things tougher on STRs, selling might not be a bad move either—just crunch the numbers first.

You can buy cash and then use delayed financing within six months to get a loan that is treated as purchase financing.