Typically pay interest only on a HELOC for 5-10 years and then it enters repayment for 10-20 years with rates of about 3.5-6.5%.

By timing my remodels, helocs and rentals on the new house and my current house I'm hoping to create enough profit in a year to invest in a small development. 

Hey everyone,I'm looking to do a HELOC on a few of my rental properties in Memphis, TN and some of the banks I've talked to require the homes to appraise for $50K +. 

We just got turned down to take out a HELOC for our house because I work under the table in construction and do not have proof of funds.

I am looking to obtain two HELOCs, one on an investment property I own free and clear in SC and the other on an investment property with a mortgage in NC.I've tried TD Bank, but their max number of financed properties is four so that won't work for me. 

If you have a good reserve built up then leaving it in the property will do better long term as you may eventually be able to get a HELOC on it.

My next primary will need a lot of work as I am wanting to invest in the rehab of it through a HELOC on my condo - all the while still living in said condo as my primary while the rehabs get completed (sorry if that's redundant).My question is, would a bank let me put 5% down on my next primary while still living in my current one?

I tell them to have a plan in place to nuke the 10% HELOC ARM asap, and think of that as saving for a down payment after the fact.

We took out a HELOC for up to 90% with a 4.25%, so about $65,000 to spend on more properties.  

-My worry is that if I take out a HELOC it would cut my cash-flow for each home in roughly half and I be would stuck with that 1/2 cash-flow for up to 10 years with a HELOC which would equate to about $9,600/year in cash-flow for all four.