Our insurance has been canceled on this home and we are working on getting insurance to cover when this current one ends.

It’s currently vacant and we are considering selling, but the foundation will be an issue.  

This is what I discovered if this helps anyone out who Googles about them and ends up on this Bigger Pockets forum thread.On Reddit, there were several negative reviews like really bad ones of current clients who can't seem to exit from their services and who have spent and lost lots of money due to lag times, mistakes, etc. on the part of Anderson Advisors.

I would only do it if it was an absolute no brainer of a deal as if it goes south then you not only hurt yourself on that deal but also the property that you took the heloc out of.This also depends as if your current LTV is 30% and want to go to 50% is different than going from 50% to 80%.

All of the multifamily I have looked at in my area are not profitable due to prices being much higher than rent currently.

What are your current goals or challenges in real estate?

I would also verify income with a current paystub. 

@Jordan Kaylor   In that case, you would be using what is called "delayed financing" which just means you will be financing the property after you already own it (as long as it done before 6 months after closing) and if there is not current financing on the property.

All of my family is from Pittsburgh and I’m currently in Virginia Beach.

This could save you money in the long run, but requires a bigger initial investment.To help you decide, consider these:What's your current budget?