@David LiStep 1: I wouldn't post a question implying I had that much money using my full name and location on an indexable website. 

Fed has mismanaged money for too ling, dollar index is falling, and they are printing all kinds of money to buy back their own losing bonds.

I put money every month into the S&P 500 index fund(you could easily replace this with a REIT index fund).

Side question is would you invest that $300 a month in index funds or paying down the principle?

An indicative fixed rate based on the index and floor as of trust would be 4.5%.

Currently i am working on paying off all debt, And shooting for at least 50% savings rate.2 questions - When should I invest my for $3,000 Vanguard VTSAX index once I saved it up?

.• Comprehensive Residential Lease• Pet Addendum• Lease Extension• Rental Application• Lease Guaranty• Move-in/Move-out Form• Lease Amendment• Lease AddendumI got them from the Bigger Pockets resource link: https://get.biggerpockets.com/forms/index/Thanks in advance!

@Jaysen Medhurst, I was able to qualify for a HELOC, If you don't mind looking at the terms.Assuming an appraised value of $225,0001stmortgage set up at $180,000 80% loan to Value (LTV)HELOC (Home Equity line of credit) set up at $33,750 15% (LTV)Combined loan amount $213,750 (95% of the appraised value)Interest rate 1st mortgage 3.875% 30 year fixed rate conv loanHELOC interest only ARM: WSP + 1% (3.25% Current WSP index + 1% = 4.25%) Principle and interest payment would be $846.43Full monthly obligation including Home Owners insurance ($100 per month) and Taxes ($100 per month) : $1,046.43The interest only payment on the HELOC assuming the full draw of $33,750 at 4.25% would be $122 (shown above) Total monthly obligation between both mortgages : $1,168.43~$25,000-26,000 would be the cash available from the HELOC at closing What this refinance accomplishes: ~$25,000+ out in cash for the real estate investment opportunities Escrow refund – should be a wash with what we are estimating we would be setting aside to start your escrow (~$1,200) and that is your money to do with as you please Creates a HELOC that you can tap into on an as need basis (during the draw period which is the first 5 years).

These are my HELOC terms:Assuming an appraised value of $225,0001stmortgage set up at $180,000 80% loan to Value (LTV)HELOC (Home Equity line of credit) set up at $33,750 15% (LTV)Combined loan amount $213,750 (95% of the appraised value)Interest rate 1st mortgage 3.875% 30 year fixed rate conv loanHELOC interest only ARM: WSP + 1% (3.25% Current WSP index + 1% = 4.25%) Principle and interest payment would be $846.43Full monthly obligation including Home Owners insurance ($100 per month) and Taxes ($100 per month) : $1,046.43The interest only payment on the HELOC assuming the full draw of $33,750 at 4.25% would be $122 (shown above) Total monthly obligation between both mortgages : $1,168.43~$25,000-26,000 – would be the cash available from the HELOC at closing What this refinance accomplishes: ~$25,000+ out in cash for the real estate investment opportunities Escrow refund – should be a wash with what we are estimating we would be setting aside to start your escrow (~$1,200) and that is your money to do with as you please Creates a HELOC that you can tap into on an as need basis (during the draw period which is the first 5 years).

I wrote a brief explanation of every paragraph and sub-paragraph, and an index, and I give a copy to my buyers and sellers.