Feel free to PM me regarding forms as many landlords use online products that fall short. 

@Archie CandyDavid Greene answered a similar question a couple weeks ago I believe on the podcast.Basically he said a heloc is good for a short term need like needing $ for repairs on a rehab but are able to pay back quickly through a sale or a refinance because the interests rates on a heloc are not set and are usually higher than a cash out refinance.Cash out refinance is better on a loan that you don’t plan on paying back right away because interest rates are as low as your mortgage rates.

Take advantage of the networking opportunities and best wishes to you.There are some pretty cool discounts on various products and services offered as Perks to BP members that you might want to check out: https://www.biggerpockets.com/perks/proIf you haven’t checked it out already, the Bigger Pockets blog features links to their awesome podcast and many great articles: https://www.biggerpockets.com/renewsblog/

I am aware of the other options: partnerships, hard money loans, etc. however, I am green to investing and would love some advice from someone who is currently or has been in this position.

Step 1: Join us at our Velocity of Money seminar hosted by Kyle Renke and hear David Greene as the guest speaker! 

There are plenty of lenders that don't have that requirement and will allow you to refinance DAY 1 of any acquisition you have at FULL value.There is also NO Fannie/Freddie loan product that will allow you to go to 80% on a cash out loan. 

You will get very similar product offerings (30 year fixed, 5-10 year arms, no pre-payment, LTV, etc.) 

I guess I’m still pretty green and wet behind the ears. 

Rich Dad, Poor Dad; @Brandon Turner's books; @David Greene's books.

However, have you read David Greene's book "Long-Distance Real Estate Investing"?