On a positive note, it would gain resale value.

It has been a journey and I have been cash flow positive but nothing too crazy to boast about.

I can definitely tell you there's still a lot of positive cash flowing and 1% rule deals and you get amazing appreciation.

HELOAN (2nd Position) - A Lender is quoting 10.5% fixed, 30 year term, 75% CLTV.

Others would likely argue legislation is the biggest long-term threat to a successful well-positioned/lower LTV portfolio, but personally I'm more focused on the impact of 3-D printing. 

Account Closed Would you say that would negatively or positively affect a property's value?

Yes… fair deals are possible.Currently the whole-salers are not leaving any equity in the deal.And (in my opinion…)..

Without getting a partial release of that mortgage your lender would be in a second lien position notwithstanding the easement.

Jumping into real estate investment, especially at such a thoughtful and exciting time in your lives with a new baby, sounds like a great move, especially with the equity you have available through your HELOC.

Buy in cash then refi it down the road to get your equity out of it.