Investment Info:Single-family residence buy & hold investment.

They cited insurance reasons, which could very well be true, but many residents felt it as a big "f you" Now folks from outside the community could argue this was an entitled stance from the residents, to feel they had access to this private land when they didn't, and that on the face is certainly true.

I haven't left more than 5-15K in ANY on my properties and have created a lot of equity in all of them except Toledo.

If I were to approach a seller of a $200k home, and they had a remaining mortgage of $100k, could I get a new bank financed loan for that $100k, and have the seller finance the remaining $100k of equity to me?   

If you feel ambitious, you could try a BRRR strategy adding additional equity to the subject home and then taking equity out of it to pay off either the HELOC or if you decided to the refinance the primary residence. 

@Shawn Questa I agree with you that there could be some opportunity here, but personally, with that little equity in the property, I'd wait for the pre-foreclosure process to start and  perhaps you can do a short sale (though I don't know the details on how that's handled in TX).

I currently reside in Ohio where I buy SFR rentals and do a couple flips a year.

Investment Info:Single-family residence buy & hold investment.

My suggestion if your goal is to free up some equity to use for another purchase - start small with the single family home with a cash out refinance.

Investment Info:Single-family residence buy & hold investment.