I tried to create rapport with the owner over the phone but waited to present my real agenda only in person.   

This could give you the cash you need for the purchase and also eliminate your personal guarantee for the loans.

One thing to be aware of, and I hope that this never happens to any of you guys, is my connected bank link somehow failed or became disconnected?

Personally, If I could pull out a HELOC, I would use it to fix and flip which will typically make sense as you shouldnt be keeping the money out for that long and you can recycle it or pay it back and build off the capital that you got from. the flip.

But you don't find the same person you did back when.

Proof of funds would be a bank statement or some other document indicating the liquidity you have.

Not talking about you personally.

I have been to a few of them personally its really something and the folks that own them are under the radar and make MILLIONS.

Just be mindful that you can't 1031 a personal residence but it might be eligible for capital gain exclusion from section 121.

Your ability to connect with them on a personal level matters more than your offer.Think about it:  • The “Used Car Salesman” is only focused on closing the deal as fast as possible.