They are in the amount of what the house is worth so satisfying them is not an option if i plan to profit from the transaction.

@Sameer BhaleshaMean no disrespect but if you are so excited about the pandemic and the recession, you must have been in extreme mental distress during the 10 year boom.

With a 2nd or a cash-out refi, Anything you have paid back cannot be accessed again without getting another loan.The rate for a HELOC will generally be variable and generally higher, while a cash-out refi / 2nd will generally be fixed.In times of extreme uncertainty in the markets (like we are experiencing now), a bank could freeze access to your HELOC. 

. - $1950/monthMartin $678/month - $2200/monthPanorama $681/month - $1850/monthAlso, as stated above, trying to get traditional financing on this type of asset is extremely difficult too secure.

As for me, I’m extremely motivated to develop passive income and I will finish 100% of what I start.

With the global economy in a tailspin and nary a sign of it stabilizing, the likelihood those loans will be paid in full — whether through refinancing or property sales that can satisfy lenders — is slim.The shrapnel from this ticking time bomb will be absorbed in virtually every major metropolitan area in the country.

I would approach with extreme caution.

Patches of grass for those who have pets would be extremely convenient.

It would probably be prudent to factor that # in to new deals.It wasn't so much the vacancies; it was the extreme rent drop.

For a while refrigerant R22 was extremely expensive but there are replacements for that now so it's not an issue regarding that.