Your plan to keep your residence currently is excellent plan.

I recomend we begin building a relationship and get to know who we are and what we bring to the table.

excellent points....I kind of forgot that the HELOC rate could change....mine has a locking option as of yet, so that could help me hedge my bets...thanks for the reply.

My best success has come from using lenders who we have a prior relationship with (assuming they have not capped themselves for the rest of the remaining year).

Excellent I knew that, but just needed to be reminded.

The prevailing cap rates may differ from one part of a city to another, and from one type of property to another.The purpose of a cap rate is to express the relationship between an income-property's NOI and its value.

Yes the equity is higher esp on your first loans, but you need to develop that relationship with the lenders to grow anyway.

What is your relationship with the home owner?

Be aware though that scores from credit monitoring services have no direct relationship to fico scores, they should be close but can actually be much different.

Hello Everyone,Sid Shannon here, I just wanted to drop a quick line to say hello and look very much forward to forging lasting relationships through this wonderful website.