I see a lot of people who are gonna get crushed as they are buying NPL's based on thinking they will foreclose but the borrower has a high likelyhood of filing BK to keep their equity and people are paying 80 cents for a 3% loan that is a year behind which is insane!

We have done our borrowing with the local credit union.

Negatives to VA Loans- Seller pays for termite Inspection-Termite damage needs to be repaired- VA property condition requirements- Longer close times- VA borrowers are typically, but not always, First Time Home Buyers, so all the perils that go along with that.- VA Borrowers very often tends toward very subpar lenders like USAA for instance.

@Aaron Rushtoni know your questions are very focused on the HELOC but... there are lots of aspects to a BRRRR, and financing is only one of them.and if you use borrowed funds for 100% of everything then yes, that's potentially less cash out of pocket, but it also increases the overall cost of your project, putting more pressure on the appraisal and refinance. 

There are different ways to structure a loan depending on what works best for the borrower's situation. 

Prices are still high, and money is expensive to borrow.  

I used them and I paid for a ARV appraisal to determine the amount borrowed. 

Because, as you know, that scammer doesn't just rob the would-be borrower.

Example, you start borrowing from your 401k or Roth IRA and are 40 years old and your real estate  investment fails.  

Here’s the REALITYWhile I compliment you on your ambition and drive, lenders want the borrower to have their own cash in the deal, not borrowed money for down payment.