Currently waiting for COVID-19 to settle while I build a team of reliable advisors to aid me on my journey to financial freedom.

How do you know your buying power with out getting Pre-Approved first. 

., owners of the entity can manage the property, use a power of attorney to appoint a third party to execute on entity's behalf, etc.. 

The PR could then properly convey to you.Third, the liability, if any, would be on the attorney-in-fact for failing to disclose the fact that the principal died and his/her power along with it.

@Ritch ShepherdIf your power is going to your light first your hot at the switch is the white most likely.

You are able to pull out your initial investment and leverage your cash to work in more than one place (your initial investment continues to make income while you re-invest the cash somewhere else.)In either case you need to weigh the cost of financing against the reward in some cases refinancing does not benefit you but if done correctly it is a powerful tool to increase your investment capital and reach.

The HELOC product is a really powerful tool and I'm super psyched on it in the right scenarios, but for my personal circumstance right now I think it would make more sense to lock a fixed rate and get off variable.

I would imagine the townhome is in an HOA -- as a result, this monthly payment will increase your monthly payment, reduce your buying power, and potentially eat into your cash flow. 

It means a lot because I have a strong passion and drive to reach financial freedom and I strongly believe real estate investing is the way to go.

Emotions are a powerful drug