They're good to have open access to capital/cash/equity to a property ahead of time so you can execute a deal or purchase when the time comes on a split second decision (versus having to apply to a loan at that time which might take 20-45 days to get approved/closed/etc plus by that time you dont know what your future income/credit/assets will be like in order to qualify anyway).The second use is sleep at night factor and having a reserve of capital in the event an emergency event occurs in life.For these two reasons is why I use lines of credit.

Friends Title is attorney-owned and investor-friendly. https://friendstitle.com/

The owner is a former mortgage underwriter and she is preparing documents herself and having her friend at a title company execute the sale.  

In Phoenix, I might call up a friend who invests in mixed-use properties south of Roosevelt Row, and that friend might know a local title rep who’s been working with out-of-state buyers who like to pull the trigger fast.

FWIW I keep hearing about DataSkip from friends and on here. 

- California is not a landlord friendly market. 

Pretend you don't have that cash and learn to make it as a wholesaler or investor friendly Realtor. 

I remember chatting with a good friend of mine, Jared, who once picked up a quirky three-story in Somerville to rent short-term.

Why are you losing sleep?

And might be everyone, like your employee, your mother, your friend or even yourself.Human is, and will always be, the weakest link of your defense line.