Ask any questions that come up but your best use of time is cost benefit between a second position (blended rate calculation) or a full cash out refinance. 

If your goal is to maximize roi then listen to @Julie McCoy.My personal goal is to blend a maximum roi without owning 20 nickel and dime properties with 20 headaches.

@Alyssa Magyar I'm also trying to set up a townhome for a STR/MTR blend; at least that was the plan.

One of the most over looked things is looking at blended rate IF you are consolidating debt.

You'd want to consider your blended rate and see where that falls.

You should never buy a park when sellers try to blend the two. 

Sanjeev Advani's insights serve as a guiding light, reminding us that with the right strategies, the real estate market offers unparalleled opportunities for growth and success.

I like a blend of some ideas above.  

Browards townhomes and condos market – a blend of dreams and ambitions – spread its wings in February 2024.While numbers may appear as figures, on paper they narrate a tale of resilience, growth and the unwavering spirit that defines Broward.Despite a decrease of 2.0%, in completed sales compared to the year Browards real estate market continues to offer promising opportunities.Cash, the element in transactions was readily available with 58.2% of purchases made in cash highlighting the confidence and security that defines Browards real estate landscape.The median selling price, a sign of prosperity stood firm at $290,000 marking a 6.6% increase from the year.

A HELOC cannot be used as Reserves or assets and PITI assets are required when you buy more REI.When you look at the blended rate having a HELOC and a 2% rate again it usually causes a higher payment over a simple refinance.