I didn’t have to put the 25% down since bought it as an investment property but  with that, to have around 100k in equity and I’m trying to figure out the next steps,  Is there any way around having to wait the 6months to do a heloc or cash out, and when I do to actually do it is there any way for banks to not look at income as a factor if wether or not I am approved?  

The numbers showed that option 2 closes the performance gap as I approached my target retirement age (65+) and exceeded it in retirement.My calculation does not factor in equity appreciation - just compounding of present value.I like the fact that option 2 gives me income while waiting for retirement. 

Thanks for your reply @Chris Mason if I understood right the rules in Puerto Rico are that HELOC is base on Income not in Equity reason why another qualification is that you need to be resident of the Island with proof of income and residency. 

Find a spot in Sydney, it skyrocketed from low 100 to low 130 in house price in income ratio, heck all of Australia was sub 100 and now north of 120.The RTP over time will get wider, but in the short-term should tighten, but the premise of this is just wealth inequality.

I would probably want to build at least $120,000 in equity upon building for this to feel worth it but that number is up to you. 

If you can buy and rehab a property every 6 months for 7 years and the average value after rehab is $75k you will have 14 properties with a total value of $1,050,000 but of course 75% of that value will be loans and only about $250-300k in equity. 

Well I'd love to hear more about how you structure it then to remove the fees and make it better than merely investing in equities in a Roth or something like that.

Plus I have seen and helped many people buy househacks here in SD, some working on their 3rd property now, and have 1M in equity using very low down payments to get there. 

It sounds like after rehab, this property won't be producing much cashflow...and if the ARV is only 200k, it probably won't be producing much appreciation, either (at 2.5% appreciation, you'd only be picking up $5k/yr in equity). 

And if you look at the stats: 70% of the $3.1 or $3.7 BILLION in equity came from REPEAT investors.