The MFH properties are a unique niche in and of themselves because you're not in competition with home buyers or big shot commercial buyers.

I wrote a fairly long post on helocs vs cash out refi ....I forget what forum I posted it in but I’d greatly appreciate some feedback from you guys on which option you would choose in my unique situation.

The position contracts are typically 13-weeks long, and I can either line the positions up back-to-back, or take a month or so off between contracts.I think that this type of work creates a unique opportunity with real estate and I am just curious as to what ideas people have for the types of mortgages I should look into, strategies for managing rental properties out of state or intermittently, or any other ideas or approaches I should look into. 

Hey David,When I meet with lenders they always want to know one thing, your ability to repay - especially if the deal goes bad. 

I plan to open the rental HELOCs that give me the much-needed cash when I need it and channel each house's rent into its own HELOC to repay/bring down the interest faster if I draw on the HELOC.Could you recommend any banks, credit unions and lending groups that offer HELOC 1st lien on investment properties?

Some areas tax values are close others they are way off and do not or can not take into consideration condition, improvements, special and unique aspects of a property that can drive or reduce values.

Also I'm thinking of acquiring the property through hard-money and refinancing the property after it's rented and seasoned for 6 months to repay the hard money loan and pull out whatever I can from the deal.

If you pull money out of your home, how long will it take you to repay and what will the payments be? 

Definitely a unique situation.

View report*This link comes directly from our calculators, based on information input by the member who posted.This property is really unique.