My home in Scottsdale is currently tenant occupied and cash flows about $200 per month and has about 100k in equity. my plan is to get a HELOC on the Scottsdale home and use that to invest in the next property.

I'm looking at it on my rental software and there is also a fee for it which is the main deterrent for me currently.

The current bill is set to expire in 2026 ending the tax credits for these investments.

Currently have around $4500 in the account including $2250 SD. 

I am currently looking for a small local bank or credit union that issues lines of credit collateralized with investment property.

I’m not looking to be an active/public realtor, just need a place to hold my license.For context, I currently hold an active HI real estate license in good standing and have strong networks on both Molokai and Maui.

Built in the last 50 years but before 1990.Currently rented for <$7000 gross but could likely be raised to >$8000.Expenses are as follows:Taxes - $13,000/Yr or ~$1083/MoInsurance - $3100/Yr or ~$260/MoMaintenance, Repairs, Vacancy, Trash Removal - ~$1000/Mo.Now, seller wants 850k & 10% down, interest TBD.

My professional journey includes stints at Equity Residential, Cushman & Wakefield, and now EquityMultiple, where I help investors navigate the world of real estate syndications.TL;DR: Currently located in NYC, Landlady, licensed real estate agent (MA & NY), property manager, EquityMultiple maven, article-writing enthusiast, and devoted real estate lover.

Currently, I own 26 doors and run a property management company that oversees 350+ units.

Planning to start a complete home remodel (interior/exterior) on a home (currently 837 sq ft), kitchen and bathroom bump out, and add an additional bathroom.