I work with a credit union that does HELOCs nationally.

Re-balancing is not an option, it's mandatory.  

One is the fund type and the other is project type.I’m in favor of the project type as it allows for money to be put to work immediately and it’s a set amount.

I wish I could give you a quick and easy answer but that is just not how my brain works lol!!!!

This approach balances tax efficiency, financing goals, and family considerations effectively.This post does not create a CPA-Client relationship.

Your going to the London School of Economics, your not some punk day dreaming from Mom's basement working PT at McD's who's best achievement was the dugout ya made in metals shop and got your first -B of your life wondering how to get Grant Cardone "rich" with you $85 of deployable savings...... 

The challenge was balancing the relationship between landlord/tenant and a personal/friendly relationship.

Using local hard money lenders usually works best.

But it sounds like you should also balance your decision on what fits you and your families preference and style since you will be using it personally. 2.

I just never knew how to get in and working the 9-5, kids, home, etc took my time.