right now Iam just using the 1% rule, looking at zillow to give me an idea of comp rents in the area Iam looking to invest the fall or winter of this year when theres alittle more motivation to sellIll use a HELOC to try and go all cash on my first deal

3) I should mention I will be leveraging my HELOC (5.7% interest rate) to finance this... roughly $435k max to cover my end.  

I do it with refinances and with HELOC's.

Maybe live there  and get a HELOC to do another.  

I am almost done fixing up my home that I have and FHA loan on and plan on getting a HELOC by the end of Summer to use for investing.

The question I have here is the HELOC strategy.

Hey @Joyce Orange here are a few banks that you can look at for refinancing or getting HELOCS for your investment properties...TrustcoUS BankTD BankPenFed (I used this one)Union Bank, specializes in noo HELOC, Cory K Bente on BPWest Coast onlyUtah: Americafirst 80% LTV on noo 65% LTV 15 year 5.74%80% HE 15 or 10 year 6.49 fixed

If you have another property with some equity, you could use a Home Equity Line of Credit (HELOC) to finance the repairs.

You can take a cash advance (highly discourage) at the going advance rate on your CC, typically 19-29% upfront, which makes absolutely no sense to do.If you are in a dire situation, I would attempt any other solution if you are well inclined to pay back the amount such as HELOC (if you have enough equity to access this with your lending institution), a personal loan (5.99-14.99% APR), or borrowing from family or friends for the short term.

I am refinancing after the Fed meeting next week, opening a HELOC, and continuing to save.