What do you guys think about this strategy of opening up a HELOC in hopes of freeing up some of my other capital.  

And then do a cash out refinance of the debt free property. 

Great FREE advertising!

The triplex is much more popular with traveling work crews for specialists in the trades and insurance relocations, so if we were to do it again, I would probably worry less about making each room it's own rentable space and save a little bit of those costs. 

Feel free to reach out for any specific questions!

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The $56-a-unit process requires landlords to be up-to-date on their property taxes and for the properties to be free of any safety or building-code violations.Since landlords are not legally permitted to collect rent from tenants of a home with an inactive license, the system is designed to serve as a check on property owners, forcing them to address safety violations and pay their taxes.But Philadelphia’s Department of Licenses and Inspections lacks the resources to hunt down property owners who flout those rules, said Karen Guss, a spokesperson for the agency.

Please feel free to reach out for discussion. 

Plus  2 years free property management.

Always happy to connect and share insights—feel free to reach out if you want to collaborate or discuss deals!