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.

You can imagine how quickly this will become complicated - you'll have collection issues, possibly issues with timing reconciliations, etc.

Which is possible on most commercial deals, as the sellers are generally investors also.I run a full service, real estate, property management and investment company in Fall River and would love to jump on a quick call to discuss your goals.

Sounds like a get-rich-quick guru scheme to me.

The refinancing idea only works on a relatively quick time scale if, for that same $120k subsequently appraised value, you only paid $90k (or less), all-in!