If you need the equity as cash you could get a HELOC down the road at 75% LTV.

Hi all, have been trying to get a good HELOC but keep running into difficulties.

Yes but for a HELOC which I would qualify for about $45,000.

And after you pay down the mortgage on your primary, you can get a HELOC. 

I don’t understand how on the podcasts and other investors keep talking about this 80% LTV helocs.

HELOCs are i/o ARMs at higher rates.

I am now able to take a heloc on the property from the reappraised value from added the above mentioned upgrades.

Considering taking out a HELOC on primary residence to purchase 1st rental property.

If I can expect an ARV of at least 220k due to most similar comps being half total sq ft and same lot size, if I can get the property for 75k, or even 85, and get HML for 140k total, (try for 150k) put 70k into it and refi for the total 150k I've put into it after I have a tenant in place (150k house is not out of my price range of house to actually buy with my income, but I don't have a down payment or savings really) I'd have at least 70k in equity for potential HELOC for future investments or if something were to break, but almost everything would be brand new.I'm wondering if there's anything I've forgotten or anything I should think about or general advice.

I am torn on what to do... do i pull HELOC's on each property and then a credit line on my business?