Personally, If I could pull out a HELOC, I would use it to fix and flip which will typically make sense as you shouldnt be keeping the money out for that long and you can recycle it or pay it back and build off the capital that you got from. the flip.

In my experience, most have limited product offerings.

Of course most GPs have personally put in money to keep the deals from sinking.

Most of the ones failing have been due to lack of appropriate financing or inappropriate product mix.  

But you don't find the same person you did back when.

@Jason Weidmannit's only solid if:1) you pick a market that you can go to in person and build a team first, and 2) you recognize that RE is a long-term investment, and you may have to wait 5-10 years, or longer, before seeing ANY return. 

Your ability to connect with them on a personal level matters more than your offer.Think about it:  • The “Used Car Salesman” is only focused on closing the deal as fast as possible.

Even when I did reach them the first time,  the other person on the other line sounds like a moron who doesn't know how to help. 

So the question becomes based on their individual and personal tax situation what is the estimated tax burden they'd save? 

I tried to create rapport with the owner over the phone but waited to present my real agenda only in person.