The shorter the prepayment term has an impact on increasing the rate.4.

Higher assets or cash in the bank increases what is called you compensating factors which banks/lenders use to qualify.

This would greatly increase the size of your next downpayment.

How will the partnership cash flow cover the HELOC payments if interest rates increase?

It's not necessarily that the value of your house is increasing.

At annual rent increases, I do scour Zillow for market rents in the area, which I share with my tenants.

It's a tip I heard from someone which I heard increases the response rate. 

The biggest challenge is a lack of quality homes and a rapidly increasing demand for vacation, second and primary homes.

Identify the need that you can deliver on.Grow: you, your income and opportunities will increase as you continue to do the above.Biggerpocket podcast is a good launch point.

Start by leveraging what you already have—consider tapping into equity through a HELOC, house hacking again with an FHA loan, or increasing cash flow by converting a unit to a short-term rental.