Currently have it rented and plan to hold on to it.

It depends on the lender but at a min they must follow TX SML or lending laws in the state in order to compliantly lend in TX, on whether choose to apply this guideline to all types of occupancies or transaction types (non owner investment, second homes/primary residences, etc)80-85LTV on rental properties is only on the purchase for fannie/freddie loans but on rate term refinances its max 80% and cash out max 75% for 1 unit and up to 70% for 2-4 unit cash out conventional.On HELOC's and rentals are up to 70-75% depending on the HELOC investor or product.Its good to distinguish between what the lenders are willing to do and for which product and also these loan products must abide my state law as well as an additiona layer of "overlays," on top as well (whichever is worst / most conservative).

@Stefano Grottoli all the $1550 means with CMHA is they will pay up to that amount within Cleveland city limits.

The membership is fed up with spam on the forums.  

@Raymond Charles Gretz I’m down in Naples and happy to introduce you to a few local meetups

There is a lot you need to know to be a successful investor and landlord and while nothing beats doing it -  as the best way to learn - you really need to have a good understanding of the fundamentals and the ins and outs.

For savvy investors, the key to keeping more of your hard-earned returns lies in strategic planning and leveraging the right tools to minimize tax liability.Whether you're looking to reinvest in another property, take advantage of depreciation, or explore unique tax-deferral opportunities, there are powerful strategies available to help you reduce your tax burden and maximize your financial outcomes.

As mentioned, you probably have to skip condos, and you REALLY want to look up the local laws AND the HOA CC&Rs. 

May I follow up in a month?"

HI, Is opening a LOC on my primary a good option to fund flips or is there a better solution to get the funding?