Assuming you go the HELOC route, another option to reduce your costs assuming you have decent credit is to look at credit card balance transfer promotions.Back in 2003-2004 I had HELOCs on my investment properties and interest rates were increasing.

The return of installing one is not 1 to 1 but will increase your properties value. 

Any impending Insurance coverage or increases?

Reduce the federal budget deficit to 3% of GDP, achieve real GDP growth of 3%, and increase U.S. oil production by 3 million barrels a day by 2028.For real estate investors, these plans could mean major changes—and opportunities.

That the rent increased?

This keeps you from cutting corners or hesitating on necessary repairs.7.Stay on top of rent increases & lease renewals.

Let’s talk about what’s holding you back and how letting go can increase your bottom line

The shorter the prepayment term has an impact on increasing the rate.4.

You need an income that meets three requirements:Rents increase faster than inflation to offset constantly rising prices.It must be reliable; it continues even during economic downturns.It must last throughout your lifetime.These are all long-term requirements, so the current interest rates are not the major issue.

Cash-Out Refinance – Refinancing one of your properties to pull out $30,000 in cash can be an option, though it may extend your loan term or increase your interest rate. 3.