Now for the question: in the new tax law, effective Jan 1, 2018, I understand changes have gone into effect regarding the ability to deduct the interest of HELOCs.

Books, blogs, forums podcast

I have many offers on the property @ $1600 and $1500 respectively that i'm sifting through.assuming they don't all fall through i'm in effectively for no money out of pocket and $3100 in cashflow - the mortgage which should be in the 2k range after the refinance.  

@Ryan CurranWelcome to BP, and congratulations on making the decision to invest in your future via real estate.I have written a few blog posts that may help you get started here on BP, and with your investing.

Start with the books and podcasts and then read the blogs & forums.

https://www.jimersoncobb.com/blog/2015/08/evicting...NOTICE TO TENANT OF TERMINATIONYou are hereby notified that your rental agreement is terminated on the date of delivery of this notice, that your occupancy is terminated 30 days following the date of the delivery of this notice, and that I demand possession of the premises on (date).

@Peter WilliamsWelcome to BP, and congratulations on making the decision to invest in your future via real estate.I have written a few blog posts that may help you get started here on BP, and with your investing.

One more thing to consider with a HELOC that could have effect on the deal you are trying to use it for.

So what you are saying effectively is I started negotiations within my 45 days identifications period.

@John JonesWelcome to BP, and congratulations on making the decision to invest in your future via real estate.I have written a few blog posts that may help you get started here on BP, and with your investing.