Having the ability to live for free, while minimizing the taxes on my W2 income.

Hi Myriam,Welcome to the BP forum and starting can be a little confusing but that is why we are here to help. 

(The exception to this is loans based off prime which would typically be home equity lines of credit as the Fed funds rate does affect prime) The Federal Reserve meets 8 times a year, while the bond market which actually dictates mortgage interest rates is traded every second of every day of the year.

Also, what would you recommend about getting a property to fix and flip or rent?

Hi Peter, welcome to BP.

It is definitely important to have one in there.

If you can do 2+ hours/day, you will quickly begin building momentum.

I would just want to be sure I can get that 150k back to pay off my heloc..is this possible?

You need to work with someone who can help you according to your specific circumstances and resources.

And we are talking about 1 day turnaround time back and forth.