I'm not a R/E pro, but do work in the finance world.

A heloc is also calculated at it's Max amount usage even if not used during underwriting for a new mortgage.Cash out is tax free and it can be used as an "Asset or Liquid reserve" on new approvals. 

Quote from @Greg Scott: Quote from @Derrick E.: I always play it by ear.

@Bob E. 

Do a search on google, syndication websites, reddit, etc2) research the rang e of return for that type of investment.if the typical return is about 8% to 12%, I would be skeptical if you were getting offered a 24%+ returnBest of luck!

USAging believes that every person should be able to age with optimal health, well-being, independence and dignity in their homes and communities.

It’s unlikely to provide the immediate tax write-off you're envisioning.I’d recommend consulting a CPA to clarify your situation, especially if you’re splitting usage between personal and rental.

I go to e invelo website and I have to sign up and pay again?

To just make money is not enough.Michael Gerber, author of the E-Myth  said it best in an interview.  

However, if you filed your rental income under schedule E, then lenders will have to use your the rental calc based on how you filed your schedule E.