There was a guy that did a post the other day who was 21 and already saved $100k.A lot of the times (this is not legal or insurance advice), but your assets can be adequately protected via proper insurance on the property which would included a liability policy, and then with an additional umbrella policy.Keep in mind, transferring a property from your personal name to an LLC could trigger the loan's due on sales close.

Just my guess, but some pre-screening would most likely have saved you a lot of time here. 

Maybe a $5K deductable might save you money and be what you’re looking for.

I’m currently still living at home so I can save as much money as possible for my first down payment, but during this time I’ve been listening to as many podcast and reading up on the forums!

Still the norm on a lot of the planet. 

I’m new to real estate investing and am currently looking to move my retirement savings to real estate.

However this is the house that appreciates the most out of the 4 rentals we own.Would love to buy a multifamily (4-12 unit) in a year or so with 25% down using 2017-18 savings and keep the house in question.

Save yourself some gas and frustration.

Save more money

So tapping the heloc prior to sale will not save you taxes.