I'm not a R/E pro, but do work in the finance world.

Take the top 5 stocks in the S&P out of the equation and see what the P/E ratio is.  

Also, having the ability to write offers, e-sign them and put together offer packages with all the forms you need....isn't that a value?

I am a Broker in California though and still on the Oregon DRE s  e mail mailing list I like to stay up on current laws since we are home builders in the Portland Metro market..

Quote from @Derrick E.: To answer one of your questions, I doubt you will ever find someone willing to give a loan in 2nd position on an investment property. 

(or, again, maybe we're missing something - let us know.)take this thread as an example.https://www.biggerpockets.com/forums/927/topics/1224249-my-e...that poster shelled out probably 80-85K in cash to be.... negative each month on what seems like a pretty solid property. 

Go find the current Price/Earnings ratio P/E for the stock markets. 

Just PM me your e-mail.It NEVER was about the HELOC - that's only one option.

However, if you filed your rental income under schedule E, then lenders will have to use your the rental calc based on how you filed your schedule E.

(the amount of learning/education I complete in the next few months may influence the price and market location as I research potential deals and cash flow opportunities)E.