If you have no idea what is going on with this capital call, then the bias should be "no" until you understand what is going on and believe that is the best possible use of your hard earned cash. 

Otherwise, broker classes that lead to a real license are cheap.If you want to become a real broker, earn a real license.

The more experience earned, you gain insight into comparables, learn neighborhoods, get better and better in determining a real deal from a stinker.Sounds like you earned a little break now!

Your properties have needed constant work, making you negative for the first year. 

I'm a GC as well and did the math, the Heloc would save considerable interest because it would average on 33% of the balance borrowed at any one time (and thats assuming constant deal flow).  

(Unfortunately, the investor fell for this gimmick and did NOT get their own 3rd party inspections, appraisals or even visit the properties they were buying, against our best efforts to encourage proper due diligence and follow our check list for their own protection.)So now some people are stuck with properties worth half what they paid (not all RWN members), with no renovation done, and constant repairs and vacancies. 

Although it isn't some miraculous contract that will hold a buyer hostage, there can be repercussions to you and/or the agent you eventually earn a commission with.

So your debt is currently $3000 per month and your property earns you $1000 per month? 

If I see a listing come up that I want access to ASAP, their value is earned by getting me in and drafting the contract as fast as possible.

But let HIM earn it.