That way I can use it when I need it and pay it down when I don't.

I walked to the house and met a man who says he was cleaning out due to the loss of their mother in some few weeks back.The guy told me she is  left with 12 years mortgage on the property to pay the bank.

Depends on what you have to pay for your money, may not be worth it.

.: I would go HELOC for sure that would be best as others were saying the lower cost for the money changes between paying a higher rate for a personal line and typically personal lines they want a higher monthly charge as well independent from the interest rate.  

Some of the discounts are good, but just be aware that you will be paying a payment processing fee on top of the discounts. 

NOMAD wants to rent my house with a Master Lease where they pay me the rent and then sublet to occupants who pay them.

Tacoma’s market has plenty of opportunity, and your persistence will pay off.I’m very familiar with the Tacoma area and the real estate opportunities it offers.

What do you mean you are paying $400 additional dollars more than what you are paying now?

Hi Jasmine-Congratulations on being ready to turn your primary residence into a rental.Your question is should you use a property manager or self-manage your property.If there is enough positive cashflow or you can afford to pay a property manager, I always recommend doing so for the following reasons:1.

Cash out should be used as a 12-24 month loan so that you can buy another property and pull cash out at the next 12th or 24th month mark.At that point you take a portion to pay off or down the first loan and use the rest as a down payment on the next REI.