It performed well last year and has a proven track record.

Hey Tony,None of those are bad options, honestly if you have paid off investment properties; the best terms are probably going to come straight from a cash out refinance.Line of credit is a good option due to only paying on what you use but if your planning to start construction immediately I would go with the cash out, its going to be less headaches as well.

You're on the right track - there's an endless amount of house hacking opportunity here in Houston, TX!

The paperwork, the tenant communication, the financial tracking – it was all so time-consuming and stressful.

If so, you should not be paying taxes, rather you should be getting credit for prorated taxes from the seller on your closing statement.Then, when you say you are closing the property on June 30, I assume you mean you sold it on June 30.  

Unfortunately, you must refinance the property completely with a new mortgage in order to pull equity out (or pursue a line of credit with a local bank). 

A lot of investors today are leaning towards credit funds instead of equity.  

And it keeps track of all your capitalization from year to year with each property.

Anyway I want to flip it and was wondering if anyone knows of a lender that can do it in a week:.. my credit is above 700.

All tax credited.