That can be used on the next investment property and you can do it again and again.I've included a link that goes to the question of how long you have to rent a property before lenders start counting your rental income.https://www.biggerpockets.com/forums/49/topics/333839-how-long-before-lenders-count-rent-income-towards-dti-ratios

So, I'm actually a software engineer and involved in network security topics (dont let the handsome old guy in my profile pic fool you)..  

What other topics should I be educating myself in that will work hand in hand with foreclosures as well.

For anyone with the same question - HELOC on non-primary residence, check out this post: https://www.biggerpockets.com/forums/49/topics/655...

Anybody with experience with below 50k loans can share information on this topic?

I wrote an entire article on how to properly structure your cash/HELOC purchases HERE. 

Here are some recommendations for you:Find and connect with other BP members that are in your area: https://www.biggerpockets.com/search/usersSet up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alertsRead Beginner’s Guide: http://www.biggerpockets.com/real-estate-investingCheck out BP Podcasts: https://www.biggerpockets.com/podcastIf you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box.

There are biggerpockets articles about this and from what I understand the terms can make or break a deal.

Whats a good time to connect with you on this topic?

Look forward to reading and listening to the articles and podcasts respectively!