only you know (or should know) what the numbers are.Obviously the “cash flow” would go towards paying back the HELOC, so we wouldn’t see any of that income for a couple of years. and if you're just paying down the interest on the HELOC and not the principal, then the HELOC will still be due in its entirety after the draw period ends. make sure you are looking at this accurately.We just always hear about people getting started buying their first property, and even on a lot of the webinars we watch they run the numbers, get a couple hundred dollar cash flow deals and call them good. yes - in a lot of cases this is because (1) the assumptions are unrealistic, (2) the buyer bought when interest rates are a lot lower, (3) the buyer is spreading repairs, management and other costs other an entire portfolio and not a single property, (4) the buyer is managing themselves and doing all of the repairs themselves, or (5) some combination. 

Get first hand information:)  I haven't followed this thread in its entirety, just responding to this comment.Isnt it a bit arbitrary to set a 600k limit for what you consider luxury and having a potential dom problem?

Very few seem to stay in it for the entirety of their careers.   

. ;-) I would recommend reading each of the comments in entirety. 

The part that you're saying you agree with has been my main point for the entirety of this argument. 

We are committed to offering market competitive pricing by taking the entirety of the JPMorgan Chase & Co. relationship into account.

Before people get in my DMs or up in arms about how important interest rates are please take a moment to read in its entirety to understand what I mean.As a mortgage broker and banker, I often hear that a client of mine is "shopping" interest rates. 

Now that I’m paying 18% (which includes cleaning fee) then paying out the entirety of the cleaning fee as well feels like double dipping.

If they're funding a deal on it's entirety that I'm presenting to them I'm asking for 10-20% net profit and I'm managing it for 18-24mos then doing a cash out refi to repay the investment plus and switching equity stakes...for smaller buy and holds like multiple single family rentals.  

I think what gets worrisome for me is when I am always behind and having to front every phase in its entirety.