I am trying to understand if it makes more sense to take out a HELOC to buy the 2nd property in cash or just use that for the down payment and take out a traditional mortgage.

A HELOC is going to be the best option 95% of the time. 

Hi all, trying to get a HELOC on my primary residence and having a hard time finding a bank that counts depreciation towards income

Hello I am trying to take out HELOC to buy some additional property. 

hard money, private money, HELOC, 401K loan, SBLOC, your uncle's money.

Using SFH primary residence with a HELOC (ex. $425k) to purchase a 12-unit Apartment ($1.5M) with 25% down ($375k from the HELOC).The remaining $50k from the HELOC could go into fixing/rehab of the 12-units.Then cash-refinance the larger amount from the 12-units to pay off the HELOC in one lump-sum (as much as possible), then using the cash flow from the apartment to pay off the rest of the HELOC.Repeat the process with a new apartment.1) Does this make sense?

Hello BP Community, Does anyone have any suggestions for local community banks or credit unions in the Indianapolis area, or Indiana in general, for pulling a HELOC on an investment property? 

I returned from a deployment in 2019 and bought my first home with my VA loan with 0% down in 2020 and then a few years later (2022) I had alot of equity in my home so I got a HELOC of $30K and used it to buy first property.

Then we stayed in our fixer-upper, used HELOC to buy investment property cash, then get a cash-out mortgage and pay back HELOC once rented out with rental history to qualify, and do it again.

You can see the cost perspective and the equity available to pull out through a "Cash out refinance" or Heloc.