@Keith Thomas feel free to reach out anytime!

You have used home equity lines of credit to purchase investment rentals and want to know the best way to pay down the HELOCs.Between the two properties you bought, after expenses, you have $250 a month positive cashflow to use.What I like to do is pay down some principal every month with my positive cashflow.I use my extra active income from real estate commissions helping other investors to pay down the principal even more which just frees up that credit for me to use again.I know I can refinance the HELOC debt before it changes to principal and interest as it is just interest only payments as yours are.One difference is the cashflow, I have greater positive cashflow and could make the principal and interest payment in the future with the extra cashflow I already enjoy.I always get HELOCs on my income properties as well after purchasing them to pull out as much of my downpayment as possible.

Generally speaking, these are roughly $1500 / pier give or take depending on the crawl space height.If you need anything - feel free to reach out to me (contact info in bio).

But feel free to share more if you'd like.

A few thoughts on that:1) The reason those accounts are “administratively unfeasible” is that they were so cheap that nobody (like say Inspira) wanted them, even for free.

Be sure to check out the free tools BP provides to help analyze deals you may have and also market insights.

But over many years of owning units in this development (have owned 7 so far) the tenants and prospective tenants are no willing to pay extra rent for the units with "free" heta and hot water. 

Hope that helps, and feel free to reach out if you want to dive into this more!

I would be leveraging my relationship with my family member to wholesale the property for experience and getting them for investment in my real estate business while my family member gets rid of a property, hassle free, while getting paid.

He's great".I recently went to a conference (that fortunately was free) where a really famous name in the flip space talked for an hour about how important relationships and authenticity are in the real estate business.