You can pay off the HELOC and then just have your mortgage payment left.If you refi and pay off the HELOC, you can lock in the lower rates but will pay transaction costs and then there's nothing you can do to lower your monthly payment from a cash flow standpoint. 

I also locked up my first wholesale deal this weekend.  

I do not want to use the ones that require offices and locks, etc.

HELOC will usually have a floating rate which fluctuates, while a refi you can lock in a very low interest rate for a long term.

Did they lock before the tenants moved in?

The gate can be automated with an electronic keyed entry pad, or I know one guy locally who just had a combination pad lock. 

There has been much uncertainty the majority of this year as the world went on lock down in response to the greatest public health crisis in over a 100 years.

In May I locked the rate at 3.75%, and now refinance rates are close to 1 point less, 2,75%. 

 Hello all, I'm looking to pick up a rental property and am weighing the options between using a HELOC or a cash-out refinance of my primary residence and looking for experienced opinions.I just did a cash-out refi in April and locked in a 3% rate but still have ~$200k in equity.

Hello all, I'm looking to pick up a rental property and am weighing the options between using a HELOC or a cash-out refinance of my primary residence and looking for experienced opinions.I just did a cash-out refi in April and locked in a 3% rate but still have ~$200k in equity.