Quote from @Mary Jay: Quote from @Jay Hurst: Quote from @Mary Jay: hi guys,so I have a lot of equity in one of my rentals but the interest rates are super low on it. so I dont want to do a cash out refinance on it because I dont want to lose the 3% interest rate on it.I want to get some cash out of it via Heloc or another vehicle,  so I could buy another rental, but its not my primary, so I cant get a HELOC on it from lots of banks....I think PenFed does helocs on rentals, but because I have more than 5 rentals, I dont qualify for their HELOC loan.IS there a bank that would give a HELOC/cash on a rental?

Planned energy-efficient HVAC installations will replace outdated ceramic heaters, reducing tenant utility costs, lowering insurance premiums, and qualifying for utility reimbursement programs—a win-win for tenants and investors alike.Inflation HedgeReal estate is historically a strong hedge against inflation.

If you're not using Hard Money and the property won't qualify for conventional financing, then you'd probably need to locate private money or if you have friends with IRAs, they can be self-directed to invest in real estate.

I highly recommend a well-qualified REALTOR who works with investors and knows how to help you best.7.

If they qualify as tenants, you might need to honor tenant rights or negotiate a settlement to vacate.Market Potential: A two-family home and a single-family unit could be a great income-generating property post-rehab or resolution.

This is part of the impetus to get started now that plus likely qualifying for financing easier with my current income. 

If it was a community property state you could file them on Schedule E as a Qualified Joint Venture.

Plenty of houses in these neighborhoods are boarded up, and retail plazas are vacant.

The fact you brought this up on this board with this situation tells me that you are fairly new to renting by the room.  

In a perfect world, qualified tenant gets in, pays on time, maintenance requests never come in, and emergencies do not happen.