On my condo rental I'm breaking even (used a HELOC to get the next investment) but now I'm showing rental comps that suggest I can raise rent between $200-$300 more per month.

Of course, a HELOC might be possible, but less likely if you don't already have equity above the typical 20%.If your $15k in improvements adds something like $50k in value, then you are getting more into a BRRRR scenario, where the costs to refi start to make more sense since you can access 35-40k in value through a cash out refi. 

HELOC and Mortgage How did you add value to the deal?

HELOC and Mortgage How did you add value to the deal?

again if you have a primary residence could you use a HELOC to cover the Down payment for the second property? 

Purchased off-market through a wholesaler using cash from a HELOC.

Hello BP,After making numerous phone calls, I found a lender, BMO Harris who would do a HELOC at 89.9% LTV w/ no seasoning period as I recently did renovations to my primary residence and hasn't been a year.

Plus I inherited a home I rent that used a HELOC to pay off my brother for 85k...(35k from my money and 50k from Heloc. ) I make $1450 on rent.

My first thought was to get a HELOC.

I've always took 5 year arms (back when they were advantageous. in rates)as new i'd pull need/want to pull cash every 3-5 years on the refi anyway. always was turned off by Heloc and looked that more as credit cards you have to pay back immediately