At present, a fully drawn $250K HELOC with (optimal credit) would offer an indexed rate based off of Fed Funds or Prime + 3-4% rate (depending on LTV, Property Type, Credit and LA) currently pricing at between 8.5-11% (11.5-13% w/lower credit) and interest only payments of +/- $2000 but the qualifying rate and payment for underwriting would be nearer $2300+ (on the low end) plus the 1st mortgage, and accurate taxes and insurance. 

@Tchaka Owen well I’m currently pretty well doing the business by myself.

With my current software I just need one subscription and reporting splits by property and LLC.  

Here are a few specific areas I’m interested in:Market Growth: Do you think the current growth trend will continue? 

I'm also concerned about possibly a down trending Market approaching negatively impacting the resale value on this flip.

Hello, I am brand new to REI, I am currently renting an apartment with my brother, in college, and graduate next May.

Good evening bigger pockets people , Due to current market conditions, What’s a good area to flips property in the Philly , Jersey , Delaware area .

Given your situation and concerns, here's a breakdown of considerations and advice:Pros of Renting Out Current Home and Buying a New Primary Home:Living Condition Upgrade: Moving to a larger, newer home with boutique features can improve your living space.Rental Market: West Town in Chicago generally has a strong rental market, which could provide good rental income from your current home.Portfolio Diversification: Adding another property to your real estate portfolio can enhance diversification and potentially increase long-term wealth through property appreciation and rental income.Cons and Concerns:Interest Rate: The current interest rate of 7% on a new mortgage is high, and there's uncertainty about future rate decreases.

I currently represent Steadily and feel very comfortable using their products with our clients. 

Currently only 335k left on the loan but the property at the time of refinancing appraised for about 550k.Are there any options for them to utilize equity maybe or some type of loan program that would put a lien on the property to get the issue fixed?