I deal with several, the down size is you will definitely need to come up with 20-30% down with these loans but the terms are very favorable. please feel free to reach out if you have any other questions or concerns.

I was hoping a local bank could help but they aren't very good at returning calls apparently to get free money from me haha. 

Helocs must also be calculated in underwriting based on fully exhausted payment meaning even if you only use a portion during the next purchase they underwriter will hit you with the full payment for risk.Cash out on the other hand is a liquid reserve tax free and it only requires (1) mortgage/lien.

Furthermore, establishing a solid network within the real estate industry might offer beneficial insights and potential deals.Feel free to share more details about your specific market, goals, and constraints, and the community can provide more tailored advice.

@Rachael BecknellIf the property is free and clear.

Feel free to reach out and I would be happy to assist!

Start with BiggerPockets Ultimate Beginners Guide (free).

Feel free to message me to discuss further. 

It's always good to have a plan for finding new tenants if the current ones decide to move out.If you need more specific advice or help navigating this process, feel free to reach out.

To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!