We are here to help you and each other, so ask away!

HELOC= short term useFixed (first or second) = long term use like a down payment.  

If transferring the property to an LLC, be mindful of the due-on-sale clause, and note that an LLC itself does not offer tax savings unless electing S-Corp status, which is rare for rentals.To maximize tax benefits, consider cost segregation, bonus depreciation, and short-term rental (STR) strategies, which could allow you to offset W-2 income if structured properly.

@Jacob Rosenkranz we've since removed the app to work on things until we are able to deliver a better user experience. it is something we plan to move back towards in the future.

If it is a quadplex, we are looking at $1m+ and thus like a $150,000+ down payment.

Here's a short treatise by a title insurer:A deed in lieu of foreclosure is a deed given by the owner of mortgaged property to the holder of the mortgage or its designee where the mortgage is in default and foreclosure is a possibility.

We are here to help you and each other, so ask away!

i wish i had better news for you but it's probably not feasible in the short term to replace your W2 income with rental income. 

We are at the feasibility stage and need help determining the best way forward for the land we have in Maricopa, Arizona.

My partner and I have ~20 doors in Columbus OH, and we are interested to expand our portfolio to Cleveland, including around Lorain and Euclid.