***You'd want to make it worthwhile to foreclose and also be safe***If someone is an A Paper borrower just needing to close fast, some of my investors will go 75 LTV.You can also always feel more comfortable on a purchase rather than a refi, as people are bringing skin into the game, not trying to exit.

It's totally normal to feel a bit overwhelmed.One thing that really helped me was diving into real-world examples.

Screen and approve the applicant like normal.

I find as I finance BRRR folks and flippers over the years their estimated profits are normally very high and based on perfection.. 

., stolen smoke detectors, fire extinguishers) or cover costs for anything beyond normal wear and tear.

It’s normal to feel unsure with everything happening in the world, but real estate is usually a long-term investment.

Is this normal?

If not I would do exactly what you were suggesting and just normally invest.

Normal unfurnished long term property management is normally 8-12% but MTR is a lot more involved than that.

If you have a $20k credit card at 19.99%, use the HELOC to pay that off and then take the money you would normally pay on that credit card debt to cover the rest of the HELOC payment so you can hold the properties.