Some banks and lenders will calculate your Heloc payment based on the Max limit even if you only have a small portion used due to preventive risk. 

Determine your maximum allowable offer (MAO) based on your investment criteria.

A potential challenge with a HELOCs is they are based on the current appraised value of your home, not the improved value, so you would need to make sure you have enough accessible equity.

Some lenders work with 220+ lenders and can really understand which lenders are best for you based on your situation. 

I've been allocating based on sf used all direct and indirect costs. 

I have a 100 unit portfolio based in Louisville and Lexington KY mixed between SFH, and 4-8 unit apts.Biggest help for me was their ability to insure closer to the purchase price instead of replacement cost. the team is great and I’ve been happy with the claims process. 

Now IF you have all those bases covered, my tips are: Take GREAT pictures and for the love of all that is holly please no close ups, wide angel pics.

@Federico DalloI'm an investor based in Canada, which is a market quite similar to that of the US.

I’m based in Houston, TX, but I know how critical it is to find someone on the ground who’s a true investor ally, not just another agent.

Based on the pricing below, the above ad wording is, as best very misleading and, at worst, is not at all true.