It's important to note that credit score requirements are not mentioned before signing up for the program, and you will need to apply for financing for these transactions.

Now I have the opportunity to buy another co-op (the one next to mine), but I don't have more cash, maybe I can apply for another HELOC to get around $100K, but still will be short for $50K since the asking price is $150K. 

@Priyanka Shah Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?

Now we negotiated ALL of the $60K Option Consideration funds paid to be APPLIED towards the $300K Property Purchase STRIKE PRICE.

This applies to everything.  

I spoke with a banker today and they need him to apply in person to open an account because he's 70% owner.

Now applying this to your property management scenario (even if there were meaningful tax benefits available)..... 

This is not the case- MLS rules and state law apply and the "Flat Fee Broker" must abide by those rules too. 

Rates vary by county, and are applied to 100% of assessed value (values are determined by the assessor’s office).

Also, we require a 620+ minimum credit score for all applicants, and anyone 18+ must apply.