The same street can change pretty quickly when you cross another street.

Matt,Tenants are not your friends and even though he has paid well and is great it could go south quickly.

Thanks for the quick response !   

I went over there a few years back and was able to get appointments with folks within days of my arrival very business oriented area and willing to listen.. unlike US were it would be near impossible to make the same contacts as quickly.

You can rent your unit quick, if you price it well.

And even offer to pay for a week.If they say that's unacceptable, they still probably won't be able to evict you that quickly.

That is how I found my first deal so quickly.

True all cash offers close quickly, not at 30 days like a normal transaction.

So unless you have a strategy for paying off the HELOC balance quickly, I think that cash-out-refi is a better option.That said, even if you do a cash-out, the lending bank may still balk, unless the the funds have been "seasoned" in your bank account for 2-3 months, as @Dave Van Horn suggested.

I’m sure I sound like every other joe shmo who gets on the website and is hoping for a get rich quick scheme but I’d like to consider myself not one of them.