Sounds about accurate.What you should be focusing on is hopefully you are getting a return(Cash-flow) from your rentals and you are not paying tax on that.This would be better in comparison, to other investments such as dividend or interest income.

Like Patrick mentioned, I’d say starting with a long-term rental might be a better first step.

You are WAY better off saving up and using cash for the rehab than trying to pay down your princlple and using a HELOC.

Please switch to a better manager today.

Just send email or number to connect better.  

I'd compare the blended rate with how much you could get with a refinance otherwise and tell you whether it's a better idea to go with a full refinance or the HELOC route.Feel free to PM me if you don't want to share this information on the public forum.

Naturally your old property must sell before you can take title to the new one, but it gives you a much better head start on the negotiation process of your replacement property.

I am pretty impressed with DoorLoop it feels like a more complete Rentredi with better backend technology stack and a United-based support team. 

At that point, it's worth researching and finding a solution that better meets your needs.

I totally understand not wanting to teach me as we go which is why I am proactively learning to become a better asset.