I’m trying to get a heloc or cash out refi on a primary residence duplex.l under FHA.I have great credit but modest incomeWife has bad credit with better income therefore I don’t believe we will qualify for heloc.Our plan was to get heloc to use as a down payment on another house hack or general investment property.So far our mortgage company said they could do the cash out refi which would raise our mortgage from $800 to $1200 (current rate is 3.62) and the rate would go to 6.6To pull out hopefully 30-35k maxMy concern is if I do the cash out.

I’m Mike Rutherford, CFO of a real estate company focused on development, general contracting, and property management.

It is alsways recommended to wait a year before is done and then talk with the lender that owns your loan to know the requirements and process.For insurance, there are some insurance companies that won't accept an LLC so it will cancel it immediatelly so be careful and do your due dillingece before hand.

I own a STR/MTR property management company here in SoCal.

My recommendation is to see if you can work for a company in real estate or wholesaling that way you get training and education while getting paid 

It sounds like some companies use the term wind and hurricane interchangeably.

I notify the company and try to call someone.

Company's and Regulators are cracking down on how texting can be used, and soon it will basically be illegal or too expensive to stay in compliance.

I am an investor, flipper, and property management company owner so I have a lot of experience. 

U want to google insurance companies who place their clients that have had fires etc.thats what I do for the last 5 years.. top quality tenants no need for PM .. backed by insurance.my unit normal rent about 2k we get double that.. ours is  townhouse Gated prime area of Summerlin.. not all areas are great in Vegas the closer to the strip the grungier it gets.