Thanks for the reply Roy.

@Ramona Beyer,I agree with @Dani Beit-Or reply, the numbers make this a good deal, but however you have other due diligence that comes into effect to see if you should buy it (Location, Vacancy, type of tenants, etc) if you like what you diligence finds, then buy it.Now for your second question, i think determines what your interest rates are for you HELOC, if you would get better rates with a mortgage go with the refinance, also if your able to put some equity in the property you might look into a BRRRR methodCheers,Anthony

have my own source of funds so can close fast if needed.  

I do commercial only but learned some of these tips when I went to conference and talked with an older couple that had listed high end homes for 20 years.Good luck.     

Ned,Thanks for your reply and yes, maybe I'm over thinking this and I agree, I should definitely consult a lawyer, but I'm trying to gain as much knowledge as possible first before I make steps to pay for a lawyer.  

Hi Drew, any recommendations and or tips on the best way to take the courses, etc.  

Wow, that puts non-realtors at a super disadvantage. 

Thanks for the prompt reply, Chad.  

I would like to take this time and ask if anyone has any tips or suggestions please reach out as all advice is helpful.

Most are "all in" after they meet the provider or they can't run fast enough in the other direction.