I don't really understand the benefit of using a HELOC if you're going to make monthly payments over time and end up paying a ton of interest on the equity in your home, but I'm admittedly not a very finance/business savvy person and maybe that is a better gig than paying closing costs to pull equity out on a refi as opposed to using the HELOC. 

If the property was the previous owner's homestead and it's not your homestead, you still get the benefit the remainder of the year. 

Added benefit to doing a buy & hold - you may be able to get into a neighborhood earlier that competing investors who are looking to flip quickly.Best of luck as you enter the market!!

That has different legal connotations that one side or the other might not benefit from and it puts both sides at risk for the other's actions.

What are the benefits?

Sometimes when we give the seller the benefit of the doubt for their offer, it makes them trust you and they see you care for them.

_________________________________________________________________________________________________If all you do is this exercise, you will likely see some benefits, as your vision will stick in the back of your mind and you’ll unconsciously work towards it.

Keep the tenants you like, hold on to the place and reap the benefits.

As far as assignment fee, its negotiable and the one benefit of working with wholesalers, in my opinion, is their fee is much more negotiable than a realtors fee. 

It's highly likely that they'll finance out of it but it would be to our benefit from a capital gains standpoint if they continued to pay us...