But I would say “Consider your timing.”Real estate is expensive right now, and money  is expensive right now (APR wise).The fed is expected to start cutting rates later this year.  

What are the payment amounts and interest rates?

(Which depends on how much money I need to save up for) I was thinking about doing that for about 3ish years.

Your rate is usually cheaper and your closing costs are negligible when taking out a HELOC.

In the past 2 years, I have used my extra money to pay off student loans by interest rate. 

I know this is something I should have asked earlier, what kind of rates are you guys getting in your local market or if you are investing in Cleveland. 

Depending on local law, you may be able to get a bond in lieu of probate from a title company if you can tie the brother to the property as the other living heir.

Several years ago, even with high cash flow from a business, I felt fairly locked out of the places I wanted to purchase due to endlessly rising prices and rates that required constant underwriting revisions to the point where it wasn't worth the time expense. 

Outside of NYC, 1k-2k; depending on location.

Few questions.First, will the rehab help you rent the property to better tenants at a higher rate?