I wouldn't equate the north philadelphia investment as being better...but many on these forums would because they are hyper focused on return of capital which in my oppinion is incredibly flawed.

If the LLC has merely been used to own real estate, don't expect better rates or financing.

That way you can preserve your cash flow and look to reposition when rates are better or prices are lower?

I started keeping two months security deposit instead of last months rent so we are better protected from from damages or unpaid rent in case a tenant trashes the place during their first year and the cost exceeds one months wort of rent.

It went better than expected.  

They are no better than their success stories so they want you to execute. 

For a scenario like this, I think it's better each partner to have own LLC, and the two LLC own the house(s) as TIC.2.

In this article, we will discuss the three most popular repayment methods, how they are different, and in which situations one may be better than another.

I think it's better to stick with one system rather than two as well =)

However, this is a larger banking company and I have heard it can be better to have a HELOC with a smaller, local bank.Option 2: interest rate is prime +0 with a max of 25%.