I've seen typical numbers of 1%-2% higher than your current rate.Summarily, a HELOC is not designed to keep a balance on it long term. 

Will you need a KP to offer up their balance sheet and liquidity?  

Examples would be you can't move the home while you still owe a balance, etc. 

Our market has some great growth prospects and recession-resistant characteristics - enabling a strong balance of cash flow and appreciation.

On balance I think it's roughly similar.We've lived here over 10 years on a fairly average street without any real issues, and have had a very healthy appreciation in the home value.

Just find the balance between operating a business while letting the Owners and Tenants know you care about their interests.I recommend trying to find a management company or an agency that does PM and get in with them to learn the business while also working sales.

They could issue you a second position mortgage based on the remaining balance of whatever the agreed upon sales price is. 

I currently have a HELOC with an outstanding balance on my primary residence.

The total equity in the property can be calculated as appraised value - loan balance. $910,000 - $624,500 = $285,500As I mentioned, the credit union I worked with offers a 100% LTV home equity loan product, and they paid me approximately $250 to close on the property (a nice perk I wasn’t expecting).

However, if you consistently have hard inquiries on your report and a low credit score, you may be viewed as a risky borrower If you have a good credit score, the effects on your score could be minimal, especially if you've been keeping your balances low.