I can tell you as a Banker it is much easier and you will get a lower rate if you do a cash out refinance versus a Heloc in this market.

The only random thought that come to my head was I Just thinking about lateral versus vertical scaling.

Versus 2 above.   .   4.  

If you don't want the property any more a 1031 is probably your best bet, unless it's got a huge capital gains capture in which case you could just take your tax lumps and collect your funds. 

How do brokers evaluate the credibility of a buyer who provides a loan term sheet versus a loan commitment letter from a lender?

Some even bet against the market and made a fortune.

I am betting for the appreciation of the house in the next years because I don't think I can cash flow in the first years.  

I have 21 units and have recently formed a Series LLC for all 21 units. That has gone smoothly with the exception of one unit that I have my disabled brother living in. I have placed 50% ownership of that one unit in ...

Just wanted to revive this conversation: Any recommendations on one versus the other? 

The main drivers1) Local Inventory2) 10 year treasury(macro)3) Personal Debt levels(macro)4) Real Unemployment(not the unemployment number but real white collar job loss ratio'd to part time jobs). 5) Industry proliferation(can't tell me a tech or finance hub moves like a health hub).To tell me #2 will derive from the same inputs as it did in Sep/Oct, I'm willing to bet it won't.