Reason is a Heloc generally carries a higher rate on a shorter term and "Can Never" be used as an "Asset, or for PITI reserves" which are both required when you buy an investment property. 

Of course, the smart ones will have agreements stating they are involved in due diligence, marketing, asset management, etc.  

We know of a bunch of the servicers but curious of others have servicers they prefer.

Never invest in Longterm assets with short term debt.  

The common feedback I hear typically revolves around your accounting preference. 

Every bank at that time had way too many non-performing assets on its books.

These loans are short-term, asset-based, and designed for situations like yours.

I’ve been a serial house hacker in the greater Boston area so happy to connect and share some lessons learned.Multifams inventories are quite low depending on your budget and location preferences.  

I won't be investing in the riskiest/most supportable asset subclasses such as hotels, and tilt my portfolio the ones that have historically been more stable such as multifamily and single-family housing.

@Cristal Ochoa @Leiah DotlichI will preface this with the fact that I have a legal background, specifically with estate planning and asset protection.