Came across this in "Lessons of History" that couldn't ring more true: "Perhaps it is one secret of their (the wealthy) power that, having studied the fluctuations of prices, they know that history is inflationary, and that money is the last thing a wise man will hoard"Put that capital to work!

I understand where he's coming from, and in most cases, this is probably true.

So true.

Any thoughts on opening a business credit card to keep personal and business expense separate?

Is that true? 

My plan was to hold both investments for the long term so I wanted to lock in the lowest payment I could with a fixed rate.HELOC- I used this strategy when my plan was to use the money more like a credit card than the previous strategy I described.  

Everyone Gets a Stack of Cards!

If this agent has a good reputation, good contacts, has done a good job for you in the past, you plan to use them in the future and especially if they work with other investors who are competitors, I would think it would be a good idea to be upfront and honest with them and explain the situation.You could offer to give them the listing on the back end, or when you have the conversation with them you could say "I appreciate your efforts so I wanted to do something for you, it's not much, but hopefully it's enough to let you know I care and value your time, I really hope we can find another deal in the future together soon" and give them $500 in cash or a gift card or something... 

It is true @Arie Van Gemeren that the farther out you go the bigger hit you take in value when the economy recedes.

A sharp seller's agent will call the lender and drill down on those answers before recommending that a seller consider your offer.The same holds true for hard money lenders.