If you sell it, you give that up.Then you can use the HELOC as a tool to get another property and create the second property as an asset.

Those who wanted to sell had to lower their asking price, which created a vicious downward spiral, since once one seller did it, other sellers had to follow to stay competitive.These "100 year floods" may not happen that often, but investors need to think through them ahead of time ("mental rehearsal") to know what they are going to do should they ever occur.

What I wrote above does not create an attorney/client relationship between us.

The only time it is  the tree-owner's responsibility is if it is dead tree and limbs are breaking/falling creating a hazard.Same if a tree falls.

I would unload that property before the tenant trashes it or the market turns and count your blessings that you've escaped the inevitable.If you want to create wealth, work for it.

What I wrote above does not create an attorney/client relationship between us.

Pros and Cons to everything I guess.Buying a Property with Cash - This is an extensive subject but I created a post specifically for this topic and how to structure it properly HEREHML are one of the other loan types where the lender will have their own rules. 

When the need arose, they searched their Rolodex for the appropriate contact and called the person on the telephone ("interactive voice").

You are not required to create an LLC to make an offer on a property.(4).

You can use the synergy between the networking events, license real estate opportunities, with your own determination to create an environment of opportunity for yourself in a short period of time.