They will automatically receive their signed copy once they complete.Another option is to hire a property manager who can handle the under writing of the lease and addendum.

I also have a partner with a full time job and great credit score as well, so maybe my best option would be to include him and have him apply for the mortgage.

They did a great job and they do lend nationally.

It's making us rethink our strategies and possibly move beyond the traditional ways we've been doing things.Then there's the impact on mortgage lending.

In that case, have you considered the option of using the HELOC to purchase the home & make renovations - while then renting it out for the time being, instead of worrying about renting out your current home (with flood concerns)? 

and when you're back stateside you can use your Bill to purchase houses that you later convert into investment property using your stock account to provide horsepower for lending. 

@James Bakun, A simultaneous exchange is the only other option other than what @Melanie P. laid out. 

You will then have a few options with that rent money....you can put it into principal or you can start saving it to purchase yet another property.

The cheapest option isn’t always the best.

Really solid explanation from Ko.The private side of lending is pretty scarce on HELOCs that are available to investment properties, whereas cash-out refinances are available at 75-80% LTV.