Anyways, I am following this Evergrande mess as well but don’t really know how it might effect what we have going on in our markets and or the macroeconomics of the company to the US economy.

I don’t know how that would have any effect on room CO though. 

In some cases people decide not to do a cash out because the rate on the first is extremely low but even in those cases cash may be the wiser choice.Here are some issues with a HELOC - They are a liability, open end mortgage (basically a credit card) - They carry a ARM or Fixed Term rate set for 3/5/7 years with generally a higher rate then what you could get on a 30 Year fixed currently (Especially for the lower loan amount under $80K) Yes - they can hurt your credit because again its a open end credit card so when the balance gets above 40% of the credit limit it will have an effect of the credit score.

I have an incredible opportunity for a SFR flip in the San Francisco Bay Area with an estimated PROFIT of $500K!

Best to speak with local counsel on your most cost effective options.

In a space with many variables, unanticipated changes, tight deadlines, etc. it can be an effective mindset to have. 

(David offers a free version that gets you pretty far along, may be worth that alone + his youtube videos on how to use them).PPM As others have said, these are incredibly particular and important and I suggest getting these made by an attorney (yes they're expensive). 

It is all a matter of your goals (i.e. equity accumulation or supporting a lifestyle with cash) and your ability to redeploy capital effectively (i.e. is your cash just sitting or are you buying more properties)

You should know the approximate monthly utilities cost for a duplex or 3-plex if not separately metered, how your purchase may or may not have an effect on the property tax bill the following year, etc.

Then I sent messages and set up calls with a few different folks in the area and talked to them.Both my lender and my realtor (also both investors) have been incredibly valuable, and I have learned a ton from both of them.