Total rent between the three is $3200/month.I have an adjustable 20 year mortgage with a balance of $100,000~ at 4.95% that is set to adjust in 2026.I also have a HELOC on that property at $180K~ with a 9.75% rate. 

Home 1- Bought at $166,000Year Bought- 2015Interest Rate: 4.375Remaining balance: $75,000Value- $321,000Home 2-Bought at $197,000Year Bought- 2020Interest rate 3.625Remaining Balance: $163,379.25Value-$283,000Home 3- Bought at $247,000Year Bought: 2022Interest Rate: 4.875Remaining balance: 226,434Value-$325,000   Few things:1.

I’m a mother, a wife, and I work in healthcare, so balancing everything is tough, but real estate is my passion, and I’m chasing my dreams.

We are not seeing nearly as generous for a 12 month leaseback, I have one right now, I either get term of LTV, but not both for a short term SLB.Re-tenanting is your biggest risk, what does your balance sheet look like if you have to hold it vacant for 12 months?

Then, give the GC or (Tile Contractor), enough to buy the tile only...after they are completely finished, then pay them the balance due on the tile ....only.

There is a mortgage balance but the property is not distressed

A Heloc can never be used as a PITI reserve, or an asset instead its a debt burden and an additional trade line on credit.A Heloc carries a higher risk when it comes to security meaning if you miss a payment even by mistake or for any reason, your scores drop, or your balances start to change your DTI or usage percentage.

Combining these strategies often gives investors the best balance of cost, simplicity, and security.

The court ordered the tenant to pay back-owed rent plus interest. 2 years passed, and the tenant reached back asking to "clear up the balance."

If consistent cash flow and diversification appeal to you, this might offer the best blend of growth and flexibility.Ultimately, it’s about balance: if you want to prioritize appreciation with minimal hassle, the first two options shine.