Hi Jason, How much of a line were you needing? 

HELOC is just a line of credit like a form of credit card that allows you to tap into your equity at your convenience and the consumer can always payoff the line if they wish to get the full line amount.

There's a line that says the assignment of contract bit is not illegal, but that's meant as a contractual tool.

In fact I'll be visiting Fort Wayne to explore from 7/20-7/23, drop a line if any particular area/places I should check out!

In this situation, I would try to use a line of credit or credit cards to float the EMD.

It’s difficult to get a line of credit on an investment propertyI would just get a PM and pay them to manage it.

We also are considering continuing to contribute to the stock portfolios and open a line of credit when it makes sense.

@Aline Elad You said "we" so assuming you're married you can exclude up to $500k, or $250k single, in capitals gains if you lived in the property for 2/5 prior years. 

If I opened a line of credit for 300K what would the monthly payments be do you think?

The advice I give to house hackers is a line directly from Nike, 'just do it'.