Funny that you mention development, that was in my 5-year plan for the property and would be the next step if I keep it and can accumulate the funds.

When operating I use dollars; accumulate rents in an account for the property and pay any expenses out of those accounts.

But over the years to accumulate my net worth I’ve had to put down a good portion Of cash down.

Managing water accumulation while going thru process.

Shutting off the interest accumulation during a Deferment period when the Deferment Agreement they originated discloses that Interest will continue to accrue during the deferment period.  

I've been wondering, now that I have accumulated some equity in my current home, could I get a HELOC and use those funds as a down payment for a property.

I will soon have $22K to invest in real estate, but I would like to accumulate more capital to invest in a duplex or triplex.

(but fees accumulate keep an eye on this) You may also have a savings account at an online-only bank to earn higher interest rates. 

(Granted, on your first rental, the idea that you might only have returned $2,000 in profit after a year is hard to swallow but as you accumulate more rentals, and the rents rise, it becomes easier especially when you factor in the appreciation.)Just my 2-cents worth.Good luck in your investment endeavors!

That's accumulated profit...washed away.Why replace it now?