Interest rates between a HEL and a refi are comparable, the equity in the property is equal to the value of the property and I only need about 50% to purchase another property.

I may be able to replace Repuso for reviews so it may net out as equal dollars spent and solves for my number one complaint which is syncing pricing across all platforms (with added rules).  

Down Payment: 20% of the purchase price, equal to $43,0003.

Not all lenders are created equal. 

If the proposed loan is too risky because (1) chance of default is too high and or (2) cost of foreclosing too high or time it takes too long and we would otherwise decline the loan, we might offer to purchase the subject property for a price equal to the loan amount.  

My duplex - built 1989, 2,060 sf, 2 bed/bath, 1 year old roof, value if I subdivide (county already approved) and sell each separately $150k each ($300k total)Investor duplex - built 1995, 2,300 sf, 2 bed/bath, 5 year old roof, value around $310kThe investors initial request was for an equal trade and they would pay realtor fees, which I replied wouldn't be equal due to buying/selling costs (recording fees, title insurance, closing fee, survey, inspections, loan fees, 1031 fees, accountant fees, repairs), taxes would increase due to new sale price, I'd trade a 3.75% mortgage for a higher one, and I'm on the 10th year of a 30 year loan so resetting that to a new loan would restart amortization and pay more towards interest.

All else being equal, lower mortgage rates reduce the cost of ownership and, thereby, allow more people to afford to buy.

Not all PM companies are equal - not just in service but in helpfulness.

I think an equally probable scenario is that we'll convert it to a rental, and then look into a 1031 exchange if we think we can trade into a better-performing asset. 

From the above example, let’s say your ARV is $100,000 times 70% equals $70,000 minus $40,000 in repairs means the selling price to your cash buyer is $30,000.