Then you'll have the HELOC ready to purchase another property since its revolving debt.There's many details in between so make sure you do all your research before working on your second property.

A revolving equity account like this is a great starting point and can mean better deals since as far as seller is concerned youre all cash.

It's something I've commonly run across.Thanks,Cam.

The strip center you are talking about is triple net and you have the base rent and then CAM re-imbursement to the landlord.

Typically you would amortize loan origination fees related to a revolving line of credit over the life of the loan. 

And just as a strategy, I keep a revolving loan active with a bank for retaining high credit.

To safely play participating with others in a loan I'd suggest you have an attorney.A developer/flipper type, that has some project also has a revolving door of investors.

I use Home Depot Commercial Revolving Charge card.

Over the years it really boosts your access to credit and, ironically, your credit score as your revolving line % goes down.The biggest thing to do is always make sure you never miss a payment.

Lowe's and Home Depot cards are usually revolving payment and will carry a higher interest rate.