@Connor Kelly Other options :Use first rental property to take a HELOC upon for down payment on next rental property.Use a Hard Money Lender / Different Bank on the right deal to buy all cash loan to cost or with less money down.Partner with another private lender or investor to acquire either all cash, you bring the hustle/muscle and they bring the loan/down.Any other way to get it done that makes sense.

My dilemma is do I put roughly $100,000 to add an addition and sqft that will give me an ARV of $650,000 based off comps 0r Use the LOC to acquire an investment property to either buy and hold or flip?

Recently acquired 4plex unit has a leak from the bathroom, where the tub meet the tile wall.

I am currently studying hard to acquire my real estate license in NY.

We've had properties acquired have illegal tenants, expired leases and even a tenant who built dry wall units inside his apartment then sub-leased them out. 

All the folks who have leveraged themselves to the hilt acquiring property may regret that decision if this virus leads to bigger economic problems.

Acquire 20 units in the next 10 years.If you have similar aspirations, I'd recommend selling the condo and house-hacking a 2-4 unit property (depending on the areas you're open to).

He did his spiel about acquiring commercial real estate.

So as long as you have an exit strategy to pay off that HELOC after you acquire the property, it can be a valuable tool to have when you find that deal.  

Due to my lack of capital, I have looked towards wholesaling in order to get my foot in the door and to build capita in order to pursue more lucrative deals and acquire properties of my own.