Additionally, the beach is still within reach...just a short 1 hour flight or 6 hour drive.  

My wife and I earn over $350k a year in our jobs and all of that is now going to pay down debt.We have the option to increase our HELOC to unlock some more capital which I'm considering doing to try and get a good return on my money and pay down the debt faster, but given past experiences I'm not convinced it won't end up with more debt.What would you do at this point?

Shows how many BP posters are willing to share experiences and knowledge - especially when the questioner asks “nicely”, LOL.

I am newbie in real estate and I don't have much experience in real estate. 

Given my experience in the field (5 years) not much but still counts right?

Citizen Borrower Eligibility Requirements, for additional information.

Would love to hear any advice or experiences!

Here in Chicago, you should expect a range from $200-$275/SF, depending on the location, experience, labor, and material finish level.Are you in a position where you already own some land, or what is your current situation?

This plan also offers many integrations (at an additional cost) depending on what your needs may be.

My day job is being a financial professional, so I have good experience with underwriting and sales that I believe can be translated to real estate.