HELOCs and Non Seasoned Firsts

[Account Closed]

Howdy -

Newbie investor here with two questions. I read from a 'guru' that one way to get started with little money down is to use a heloc to pay all cash at around 50 to 60% FMV, then refi at 70 to 80 percent of the appraised value with a lender that does unseasoned loans. This strategy appeals to me. Here are my questions:

1. Can someone recommend a HELOC that is reported as an installment account. I know it's actually a revolving account. I've read that some are reported as installments if the limit is over 50k. I'd like that.

2. Can someone recommend a lender that does unseasoned loans.

I have outstanding credit. Zero deals save for a primary with a great LTV.

Thanks
~Matt