If you bought in 2018, you could probably get a lower rate today if you cash out refi, as long as your credit/income is still about the same.

@James Cannon As long as you have  positive income in Sch.

As long as you buy right and don’t over leverage, I think HELOCs are a really good source for $$.

As long as you haven't screwed them in the past and they are able to, most likely they will say yes.

As long as your DTI ratio doesn’t exceed 36-45% with the new debt you should be just fine.

I think as long as a house is properly maintained in general it is unlikely to fail.

@Steve ProiaWhat I have learned from life experience is choose a path and stick to it.If your kid was just born you have 18 years to execute your plan.Whether you choose on or the other or both, as long as you are consistent and follow your plan without fail, in 18 years you will have something $$ there to accomplish what your goal was.

The homes will typically appreciate, BUT as long as the builders are still putting up new houses in your area, there will be more of an incentive for buyers to go with the builder and buy new rather than buy "used" from an individual seller.

So in terms of the type of renovation I would say as long as it isn’t a full gut I would be able to do it.

As long as you believe the property will be profitable as either a flip, or a rental, at least you will have that option when you are done.