I've been brainstorming for a while now and maybe it's just a natural aversion to risk, but it seems like the only option is to hold where I am and get back financial footing before moving on to the next purchase.Any help is appreciated!

The HELOC will show up as part of your total debt when they evaluate your assets etc for approving your loan.

We're trying to figure out what values to put on our properties in this financial aid application.

We are so excited to get started on building a more financially stable future!

We have private investors (passive), a contractor (equity partner), lawyer (equity partner - still looking), and a financial advisor (equity partner - still looking).

Financially it makes too much sense, but in a country which still refuses to adopt the metric system there is the potential for builders to ignore this opportunity.

The closer your loans PITI matches or is less than the borrowers current rent the more .basis you have that the borrower can afford the mortgage.Ask of the borrower:  if you get into financial trouble, do you have anyone that might help you out over a financial hump.  

I have 20+ sF D, C and B propertiesI own several of these properties in my name, some in a LLC , some that I purchased with credit card debt and some that I own free and clear with no associated debt. 

Brian Egan Are you thinking about using the investors for debt or equity?

I don't have to worry about a high debt to income ratio as this will be my first purchase, I have zero debt, and my wife and I have good W2 income.Since the interest rate on a mortgage can have a big impact on cash flow, I figured shopping around for different quotes would be prudent.