Purchase price: $376,613 Moved to Orange Park, Florida, from Delaware three years ago, choosing this home as the perfect place to settle and grow.

A JWB client purchased this home on 8/30/2024.

I also did a 1031 exchange from a different property that gave me a bunch of cash for one of these purchases. 

Purchase price: $105,000 Cash invested: $90,000 Property needed some serious rehab, from trees roots destroying the basement walls, to plumbing, electrical, to roofing, landscape.

It's a one time purchase,  not ongoing monthly or yearly.

Or what are other ways I can access this equity to purchase?  

This is my first purchase, where my intent was to install recessed lighting all throughout the house.

You have used home equity lines of credit to purchase investment rentals and want to know the best way to pay down the HELOCs.Between the two properties you bought, after expenses, you have $250 a month positive cashflow to use.What I like to do is pay down some principal every month with my positive cashflow.I use my extra active income from real estate commissions helping other investors to pay down the principal even more which just frees up that credit for me to use again.I know I can refinance the HELOC debt before it changes to principal and interest as it is just interest only payments as yours are.One difference is the cashflow, I have greater positive cashflow and could make the principal and interest payment in the future with the extra cashflow I already enjoy.I always get HELOCs on my income properties as well after purchasing them to pull out as much of my downpayment as possible.

I owe 250,000 on a condo. Same exact condo in my complex just sold for 500,000 last week. 
I have a some of high interest debt I used to start my business along with some personal debt I would like to pay off. Would ...

Purchase price: $145,000 Cash invested: $60,000 Fully renovated 4-5 bedroom ranch on 3.3 acres.