I suppose something more turn-key could be a good option, but haven't come across many viable options there yet.Anyways, we still have a lot more to learn and still need to familiarize ourselves with the area/market, but just wanted to pop in to say hi! 

Bear in mind that the fiscal treatment of the two options in Mexico is different (withholding tax on the gross income with the fideicomiso vs cost deductions with the corporation).

I do have monthly mortgages to be paid and not having rental income to offset my negative cash flow has been a learning experience and really trying to think of what options I have to have better success at this.

I know there are a lot of options, especially since they are family and willing to carry the loan. 

Would a home equity loan be a viable option in this situation, especially in regards to eliminating some of the red tape I'm running into with a refinancing an scorp-owned property?

Yes, you’ve got a few options to fund your live-in flip!

.- With $100K, you have a lot of options. 

Having the info will help you weigh the options and make an informed decision.

I do single family "off market" that I take over with owner financing, subject to, wraps and lease options.

If you're open to expanding your options, you may want to check the Columbus OH market.