On top of the line of credit, we have also equipped them with unsecured revolving lines of credit totaling $377K in which they use strictly for renovation.

(Say on the initial purchase if someone is buying right now).3) I can lock in a guaranteed better rate now and enjoy the lower monthly payments now, and only pay maybe 1 or 1.5 points instead of 2-2.5 points later when I have to hope that rates come down again.4) This also saves a lot of time which is an important consideration as some refinances can take 30 days and a lot of paperwork gathering and headache etc.Again, my thoughts on this largely revolve around risk aversion. 

And lastly, the HELOC is a revolving line that allows you access to all the money you put in to come back out. 

As it stands the only real debt is the revolving debt of our credit card, which as I stated, is paid in full every month.

The interest rates are higher, currently 10-11% but it's interest only and it's a revolving line of credit you can use for anything.

My ultimate life goal revolves around investing in communities where I can actively contribute to the flourishing arts scene.Lately, I've teamed up with a group of like-minded friends and investors 🤓, and together, we're embarking on a mission to acquire properties in out-of-state markets that are closely tied to artistic hubs.

People are often lax when it comes to their revolving credit but not with the roof over their head.

This structure creates a revolving cycle of unsophisticated investors that can continuously get burned because the equity is raised by outside individuals. 

The drawback I find with Craig's List  is that it has a limited number of editions in any given state, and they revolve around the large cities. 

Having a revolving $300k LOC, a couple houses and a good W2 isn't a ton, but it also isn't starting from scratch.