However the key is making sure the numbers pencil out so that, at minimum, even in the worst case, you can pay back that heloc because interest on that is going to be very high.

And you get feedback at a level high enough to determine how to proceed. 

I would highly recommend looking into syndications!

You avoid the tax hit, and still get the use of 75% of the equity if you do a cash out refi - (but high interest rates sort of play against that to some degree presently… but you could alway refi again down the line if rates dropped.  

90% is pretty high.

And because I'm looking for a long term finance situation, I'm not looking for a loan that is going to have a really high interest rate, with hopes of refinancing later.

I need help analyzing this property.Address:2542 Glenn Terrace, Mount Penn, PA 19606Asking Price: $209,000Taxes: $5087 (they are really high in my county)Renovations: $10K-$15KMortgage: ConventionalCredit Rating: 712 median1.

-PatrickA high yield savings account has a number of advantages.

If you do something that is too high end or bold compared to what is available in the neighborhood, the exit could be very difficult 

Gradually scale by researching high-growth markets, partnering with experienced investors, and exploring financing options like SBA loans.