I use it like a sweep account and pair it up with credit cards with promotion balance transfers.Here is what i did: I needed 50K down on a property i used 25K cash and 25K in the HELOC.

Paired this with some of my other properties cash flow reserves  I have saved.

The benefit is you have a second pair of eyes helping you make a choice on what house to get for a rental.  

You can always pair your 12,000 with hard money.

You need a pair of eyes you can trust to help you gain access, remove the pest, rehab, and get your rental generating income again. 

Hi @Diane Trotter,If this is indeed a pair of single family residences, you should be able to find someone that'll do a pair of 85% LTV Fannie Mae 30 year fixed mortgages with concurrent closes.

I began to notice as the more I learned, paired with the lack of action, I began to lose that drive, that confidence, that motivation to take on the world head on and thus the death spiral of self doubt began.

Hi @Charles Ma,What are the numbers if you sell it as a duplex, rather than as a pair of condos? 

Maybe pair a HELOC up with some other loan avenues like a 401k loan or a loan from a nice family member (offer interest on the money for their help).

(Several studies showing desire for "experiences" rather than material objects)Increase in rental prices- Low availability paired with minimum wage hikesDecrease in rental numbers and prices:- Increase in home building- Legislation such as SB1069 driving prices down by increasing available unitsObviously in terms of the Sacramento market I can only imagine there will be continual spill over from the bay area with the ability to work remotely and affordability for first time home buyers (millennials) still relatively low in the bay areaThese are just a few things that come to my mind I would like to know others take on these and other factors.