Additionally, should you sell the property, you can payoff the HELOC down resulting in no monthly payments until you are ready to invest in another property.  

Additionally, if you are looking at multiple areas, you can definitely work with different agents as they may not be well versed in every area (even within the same city).

In addition the Realtor should be at fault for allowing something to go on the market and not know the the true dept. 

I was wondering if others are charging "additional rent" ie having the tenant pay a portion of taxes and insurance beyond his rent payment.

Also, an additional 10% early distribution penalty applies if you are under age 59 1/2 unless you meet the age 55 exception. 

It was an amazingly humbling exercise that I would recommend to every investor, given we are at the top of Markets again in many markets.Here is how I analyzed things.

Since that market is in flux (with a good chance of a decent decline), I'm taking some time to explore other markets in addition to Vancouver.

In addition, spoke to all parties involved to try and recall the payment.

The property is vested as an LLC and we would like to keep it that way unless we have no other options.Gross Rents on the 4 plex alone are 2700/mo and the duplex currently brings in an additional 1750/mo in gross rents.Your help is much appreciated!

Not to mention the additional $5,000 to $8,000 the lender requires you to have in reserves.