My ex-wife destroyed my credit while on my last deployment and I'm still building it up.

This choice continues as time goes by and you reinvest more of the equity back into the property as the value appreciates and you pay down your loan.Using this methodology allows you to make the most accurate comparison between investment alternatives as you move through time and gives you the information you need to deploy your funds at your optimum risk vs return level.Hope that makes sense and I'm answering some of the questions you have.

If you are confident you can put most/all of the money to work in a relatively short time period, and have it continuously deployed, go with the cash-out refi, and lock in the low interest rates that exist today.If you aren't sure what you are going to do with the money, or aren't sure how much you need, or are going to invest it in a manner where it is not continuously deployed (i.e. doing flips) you may do better with the HELOC.

I'm currently Active Duty deployed and am working very closely with a lender, realtor and associate to help me make my second purchase.

Don't get stuck talking to operators or salespeople or secretaries, don’t send letters or emails, call someone who is in charge in person, usually they are decent people, and if its in reasonable time, and you have a good reason, chances are you will get a refund.I had to get a refund once when my friend was deployed in the military (no time to take the course, and lost interest in it).

Numerous strategies were deployed to create a workable deal.Here is a a fairly different BRRR strategy than is generally pursued by investors;1.  

My husband completed a 10 month deployment from 2014-2015 and a lot of things happened.

Have a buddy who closed 242 units while deployed.

It's currently just sitting in a savings account waiting to get deployed.

Ok guys I have finally made it home from my deployment and wanted to share with some of you GURU's my current situation.