The reason I like the HELOC over the cash-out refinance is the HELOC pretty much acts like a credit card - you only pay (and accumulate interest) on your current balance.

@Amy Ranae   I couldn't agree more about local wholesalers,  I have several business cards from people at meet-ups that aren't wholesaling anymore and the ones that are just send out MLS listings.

I have set up social media accounts, mass emails, and hand out my card every chance I get.

You'll need about 4-6 vendors reporting net terms on the LLC, then you can go to places like OD, Staples for charge cards, then maybe Home Depot and banks for business credit cards, and then finally the holy grail, a business credit line.

pay off all credit cards before you even think about investing because for 99% of people the interest you would be saving on credit cards is greater than the investment return you could earn and it is basically risk free.

We use MINT.com, which is nice.According to MINT, what is largely dragging our credit score down (it's a 758) is credit utilization.That's a few credit cards here and there but predominantly our HELOC is 60% utilized and bringing up our total credit utilization up over 40%.I'm under the understanding that many people use HELOCs as a great way to pull out equity from their primary residence.I don't understand why one would be penalized from having a stronger equity position in their primary residence?

People love that the $3000 furnace is rolled into their mortgage payment - not something they have to put on their credit card 6 months after they buy... just my strategy. 

Your biggest asset right now is local knowledge; maybe time to lead with that card.

During the refi of property number 2, anticipating refi of property 7, I paid off all my small credit card balances and brought my loan to available credit to under 20 percent on my main card. 

How did the cards fall in the new build?