Thank you very much for your reply Logan.I purchased the property cash (Heloc) for 165k.

At that point, I will start to make some judgements about growth vs. payoff vs refi, etc.You could use the money to continue to accelerate the payoff of your primary then get a HELOC on the equity to fund the downpayment of a rental property if/when you find one.For me though, I'm making minimal payments on the mortgage and getting the investment snowball rolling as soon as I can.

Use a cash out refi to reinvest into more long term rental propertiesTake out a HELOC for a flip/other short term gain opportunities 

In order to purchase this first property, we got a HELOC on our home for the down payment and closing costs.

Now I have equity locked in and couldn’t qualify for a heloc due to credit as well.

Now I’m down to only 1 rental, $200k HELOC on my primary, 800+ credit score, and a high income job. 

With a HELOC, determination, due diligence, and a bit of luck, I am confident that I will achieve success in this REI.

If you ever needed the equity out you can sell or do a HELOC/cash out refi. 

Energy tax incentives were expanded and extended through 2032.Be sure to keep an eye out for any changes to 1031 exchanges and capital gains tax rates.Buy, Borrow, and Die StrategyA great estate planning strategy for transferring wealth and minimizing taxes is the Buy, Borrow and Die Strategy.Buy: Purchase multi-family properties that are appreciating in value.Borrow: Use HELOCs or cash out refinancing to pull equity out of the property as it appreciates.

Both a DSCR loan and a HELOC have their pros and cons, so it’s great that you’re weighing your options carefully.