- Get properties under contract for way under market value.

I think the house flows really well in person (open floorplan, high ceilings, large house with spacious room sizes) and you just can’t represent that in 2-D photosI’m honestly not sure how to do a video or 3D virtual walk-through or whatever, I haven’t looked into it and have no idea how much it costs.

What value did you offer agents to make the relationship mutually beneficial?

I would greatly appreciate it.Thanks,SG There are lenders out there either with low LTV or high fees  pick your poison

Here are five crucial tips to help you stay profitable and avoid costly mistakes:Buy Smart, Not Just Cheap – In today’s market, finding deep discounts is tough, but focusing on properties with value-add potential is key.

Is there anything left if you give him half the equity and can only borrow 75% of the value? 

Used owner financing How did you add value to the deal?

@Mario Morales - As some others have said I think the strategy is sound, but the key would be to find a distressed property that you can drive up the value with renovations so that the new value is 25% higher than the purchase price so you pay back your HELOC.

Third, if you don't know the caller, let it go to voicemail and if neither of those work, file a 2nd mortgage lien, payable to you for an amount 5x the value of your home. 

Rates are high, usually in the high 8s or low 9s, and you may pay 2-4 points on the loan.