I have a heloc on my personal home for 200,000 but ive only used 16,000 of it.

Congrats on your 11th property. 

Just based on the info you provided I would take the loss and move on.

Our construction site will just have basic utilities turned on and no wifi.

Getting a lower rate will also depend on the amount you're putting down.

I’m in the private lending space, so if you ever want to chat about financing options or need a second opinion on a deal, I’m happy to connect.

While this structure offers great asset protection benefits, it doesn’t necessarily save money on filing fees or administrative costs.

Congrats on turning that boutique motel into a success!

@Josh Otero some ideas:1) Key ALL the locks on each SFR to one key, including garage.- We used to buy locks at Home Depot and just swap handsets, but now use a locksmith for same cost.2) Get rid of handset locks (use passage knobs) and only use deadbolts.- Two locks on a door really don't provide any additional security.- Cheaper as only have to rekey/replace deadbolts.- Tenants can't lock keys in their home.3) Our locksmith created a Master Key system with 10 key option.- One master key opens every door- We go 3 levels under our master, so we can submaster 2-4 unit houses and apartment buildings- Don't need a costly and difficult to secure & track keybox.

Germain Act could work if you qualify, but if you can’t refinance right away, you’ll need to consider future plans.For whether to sell or keep the properties, selling gives you liquidity and eliminates mortgage obligations, but you miss out on future appreciation.