I’ve reached out to my mortgage broker and am waiting to see what he thinks. thanks again for all the feedback. 

I find myself in an envious position, and was hoping to get some seasoned feedback on what to do. 

Thanks again for the feedback! 

You have two options, take (100%) $250,000 Heloc at a 8% interest rate or take (80%) $150,000  Heloc at 5.2%, which one would you take? Less money at a lower interest rate or more money at a slight higher rate? And 

@Steve Vaughan @Jay Hinrichs Thanks for the feedback guys.

My first post in here so appreciate any and all feedback! 

@James Horner Thank u so much for your feedback I really appreciate it.

I'm looking for some constructive feedback on whether this makes any sense or not.

Hi @Bryan Berrios, you have some good feedback here already, but my additional advice is to look into the eviction/tenant/rent control laws in the city, county, and state prior to your purchase.

Thanks beforehand, any feedback is welcome