Vacation areas probably won't see that change, since they exist largely for STR purposes and couldn't be profitable at long term rates.  

Unless you pull the cash out for non RE investment purposes a 1031 is usually the ticket.

Does this defeat the purpose? 

My understanding is that if HELOC funds are used for real estate investment purposes, they generally ARE deductible.  

Hi Biggerpockets world.This is my first post and i am really existed.First of all I wish you be safe and healthy.Currently i live in NY but i think to take a license in NJ for investment purposes,as i read a lot the license will give more advantages and opportunities for new investors.Because everything is closed i want to study at home,but could you tell me the book or books for preparing real estate license exam in NJ that i can order at Amazon?

@Mike Imbriglio the lien is for all intents and purposes going to be added to your purchase price, because it is unlikely the seller has the money to pay it off and you can't get clean title without paying off the lien, (that is what its intention was). 

In the same boat and my game plan is to keep filling the pipeline, analyze deals, build relationships, make offers (buffers calculated in) with the sole purpose of building momentum so that end of this craziness finds us at full stride.

@Arthur Davis - if you're looking to pull money out for investment purposes, I think it's a safe bet to hold off for now, as there are too many variables in the current environment. 

I sort of get you are trying to avoid single member LLC which for federal purposes is a disregarded entity.

Often times the local banks will have promotions/specials for limited periods of time - you could get lucky and find one that has a lower down payment for an under 4 unit non owner occupied.