I haven't considered a lot of what you said and this is very enlightening. 

HiHope someone can enlighten me on the following:1) tax rate on individual vs LLC2) is there a state and federal tax component?

It has been extremely enlightening to read everyone's comments.

Great, if not then do not bother trying to enlighten people on what you believe they should do.    

It takes a lot of efforts, education, failures, trial runs, and funds to get to one deal, then to second, then scaling to bigger deals…I always have my grain of salt on those success stories - the strategies they said in those stories in my opinions are mostly very high level, repetitive on the same thing over and over with little enlightening content to me (maybe it’s not to others).

It seems like the next "big thing", but I personally am not into crypto or VR.Can anyone enlighten me lol?

Enlighten me…all things considered, why a HELOC instead of a HE Loan?

Unfortunately, I spend way too much and would need $3M in equity to return far better than 6% to support my spending habits (for better of worse).I am not attempting to be critical as much as enlighten readers who are not doing the math to what the numbers indicate. 

Please enlighten us all.  

@Triston Murray what a great story/experience you posted and kudos to you for your determination, creativeness and thinking outside the box.Your Network, Support System and self conviction is sometimes more important than your today's resources (money).What an enlightening post :)