Also, you can play around with the interest rate and years for balloon to see what payment would work out for you and the number you would be comfortable with for balloon payment in a few years.

When my son moved to a front facing car seat it only made sense she drive the bigger car, and I take the subaru. 

The insurance quote could come down some but i'm comfortable with the coverage offered at that price.Monthly Income:$1,720.00Monthly Expenses:$1,281.99Monthly Cashflow:$438.01Pro Forma Cap Rate:10.43%NOI:$9,910.40Total Cash Needed:$27,750.00Cash on Cash ROI:18.94%Purchase Cap Rate:10.43%Total operating expenses:Mortgage expenses:Vacancy:$68.80Repairs:$86.00CapEx:$103.20Insurance:$392.00Management:$154.80P&I:$387.85Property Taxes:$89.33

I am all for building a lasting relationship on here and hopefully one day we can work together to help us live a more "comfortable" lifestyle. 

So, putting aside the variable nature of the HELOC interest vs. a mortgage, wouldn't it make sense to stretch the HELOC to as far as you comfortably could so that you create a situation such that the Interest is deductible against your W-2 income?

I've ran numbers on a 4 plex comped at 400k that I wouldn't be comfortable with for less than 280k.

The whole thing:As I get more and more comfortable with the SFR and Small MF properties I currently own, and the ones I'm working to acquire right now, I keep looking forward to what comes next.

I have been analyzing some deals but I can't seem to accurately (or comfortably) figure out the ARV.

I have often used only one agent to incentivize them to present my offer in a favorable light (it is amazing what an extra couple grand in commission will encourage some people to do) but when doing so I divulged nothing to that agent that I would not have been comfortable telling the seller directly.

I think that at the end of the day your decision with what to so with this house should be guided by the numbers and what you feel most comfortable with.