Generally you cant get a HELOC on a rental because it not your home, but you can get lines of credit, I have several, I have pooled several houses we have paid off and got Lines of credit against them. the terms typically will be 1-3 years and the rate many be fixed or float. generally this is a commercial product so you need to talk to the business lender not the residential lender. 

The owner wanted to float it for 6 months because he wanted long term capital gains for the full year. 20k earnest money was punted in September when buyer decided to not close.

Everyone should feel invited to invest, it's just not the place I would say to someone who has never invested in a bar convo that they should really look into- if you get my drift.

There's a lot of money floating around there, pushing prices up and net margins down.

But you probably have enough resources to float you while you really ramp up your real estate business.  

There is still room in the market for price growth but the per unit price on multifamily in particular seems to be drifting past 1% on market and offerings tend to be at .8% consistently from the larger commercial brokers.

I am drifting more towards selling as well but also trying to determine what the pros are for keeping it.

I am looking forward to make friends and benefit from the expertise and knowledge floating around here in BP.

Lay a floating laminate floor strait over it.

Originally posted by @Dustin Mathenia:@maxwell Lee From what I've read on the subject looks like Dallas is at the top of the list and that's where I'm hoping the decide to go mostly because I'm planning on investing in the DFW area anyways but you are right it' all speculation at this point and the big boys will buy all the best stuff before us normal folk find out where they decide my plan is simple buy what I can as close as I can that can at least float itself as a rental and hope for the best lol Yeah, Dallas has a shot.