my brokers all told me 10.9-11% for HELOC's and so i called Navy Federal CU and they quoted me at 9% with a $700 fee for the loan, that's really competitive so I went with the CU.Brokers are good at getting a bank account loan, based on existing funds if you don't want them to pull credit/income verification

I notice a lot of competition from beach front condos of the same size. 

Demand in the area is definitely down, competition has increased, and values have gone down since we purchased it.

Where is your competitive advantage in those areas?

Anything on the websites is going to be competitive because everyone has access and the same opportunity. 

If it's a clean property that is expected to be competitive, it's a worthwhile seller investment. 

Competitive rate4.

I know this isn't the greatest time to get into the market and am well aware that Santa Fe is VERY competitive and low on inventory but my life/career is dictating decisions more than the desire to grow a portfolio in hotter markets (for now). 

There's huge competition in wholesaling everywhere- sometimes hundreds of people in every market calling the same lists.

Being an architect is a clear competitive advantage too!