Best of luck on your continued journey, HELOCS can be a great tool to utilize untapped equity in a house.

As a Florida Real Estate Attorney and Investor, I have seen investors do their best networking with local groups.

If the market is tough, I reduce the rent rate over the full 12-month term.

You need to target upper middle class, second or third time home buyers, to get the best profits in a spec.

Just not sure best way to make use of it.

What I mean is, some investors look strictly at cash on cash return, some look at cap rate, others just want to make sure their mortgage is covered.

Then again, curb appeal doesn't matter as much in the inner-city parts of my market - more so in the suburbs.Lastly, if a property is newly built/renovated, 'neutral' may not be the best route.

It turned out to be the best decision of my life.  

Two best options are house hack or sell and acquire a 1031 property.

Ok yeah we are thinking of getting an investment property loan so we can stay in our current home.If we did the FHA route we are considering on living in the new property for 1 year and then moving back into our old one after the year is up.We are curious if we would get a more favorable rate if we borrowed from our home equity to buy the investment property.Do you have any idea if many investors borrow from their home equity to get started?