I plan to live in it and then rent it out in a year. 

The replacement property and planned improvements must be identified within 45 days and completed within the 180-day exchange period.

If I have several options, I would prefer a HELOC with no initial draw requirements (i.e. to establish a literal line of credit that I have no specific short term plans to use), i.e. not something like the better.com HELOC. 

I had been dealing with them for several months due to the development of plans for a property I own.

Be sure to utilize tools of the trade for the best information.

They can offer valuable insights into the local market, potential rental yields, and specific considerations for a rehab project like the one you're planning.

I've done this so many times it is crazy, so speak with experience.Also in small towns trades can be tricky. 

I was planning on searching here today to see if I can find any meetups in our area.

I believes that well-planned real estate investments can open the door to financial freedom and generational wealth.Welcome!

Habitutal seems the better plan unless the amount owed to you exceeds what you expect they can pay.