.- My Resources / Constraints: I'm in a by no means unique, but perhaps less common situation for those getting started; I'm a somewhat senior software engineer at a tech megacorp and should be able to save a couple of down payments per year for lower priced houses (100-200 in my area), or perhaps one medium priced house (300-500).

Hey Marc, this is a tough situation and a good reminder to always have a contract in place for any business dealings.

I have decided to look into a heloc, I'm a bit newer into realest state investing, I have completed a couple of fix%flips this year, I currently use hard money for the purchase with 10% down and I cover 100% of the rehab, with that said even just doing a couple of homes at a time, I find myself around 200k out of pocket, I think it would be a bit easier on myself and wife if we utilized a heloc vs just cash, my primary should appraise around 1.1m and my mortgage is 640k, I'm looking at pulling about 250k for a heloc, I don't want to refi the home and cash out as I only want to pay interest on funds as I use them ( I know I won't always be using the heloc cash) Any advice or even knowledge for people in a similar situation, and anyone have a referral for a Heloc?

How do contracts work in this situation?

Hey Marc - It is possible to complete the BRRRR process in 3 months, but a lot depends on the specific situation.

So a bit of a weird situation. 

Bit of a tricky situation here - my tenant has been paying rent on time.

The property is located in Texas how much can I expect to pay more or less for this complex situation? 

While it is rare, there are situations where a Broker is not a member of an MLS. 

Quote from @Jeff Chisum: 100% of my business is helping clients in all 50 states with purchasing vacation homes/STR properties. 90% of my clients use the 10% down second home occupancy loanIf you want help with understanding loan options and what could work for your situation, get ahold of this guy asap!