Only difference is the $10K is in your bank and the interest starts so you are paying on the full $10K over how ever many years they offer.Lastly, depending on your first mortgage rate it may be best to just do a "Cash out refinance" becuase its over a 30 year mortgage and the rates are lower then both Heloc or Heloans. 

Hi Bruce, i'll start by saying i'm a mortgage person, so please understand the context in which my response is coming from. you'd need to create CC&Rs/bylaws and establish an HOA in order to do this.

When you start making exceptions you are no longer following your process. stick to the script.All the best!

Welcome to BP @Shai Shushan You started in a great place! 

I’m all for getting started and primaries make good rentals when only held for a year or two before they’ve had time to appreciate.

Where do I start???

I’m getting re-acquainted with the BP community after purchasing my first house hack in the Pittsburgh area, and would love to make some connections with other like-minded young professionals and investors in the area.And if there’s anyone out there who’s just getting started and looking to make the jump to buy their first property, I’d love to offer up advice, share my network of contractors in the area, and answer any questions that I can from my experience over the last 6 months!

It's going to be tough to buy a property without steady W2 income.  8k is a good start, but you might need to keep saving.  

BiggerPockets is full of resources designed to help you along your journey, whether you are just getting started or a seasoned investor.

I'm curious to hear about your biggest surprise when you first started.