I know that REXMLS is based on this concept but I'm curious as other investors' thoughts.2) Financing Through P2P Lending: For investors, you want capital and you don't want to wait forever for it.

My name is Devon, I’m 21 years old, I live in central Florida, and I’m pretty much brand new to the concept of REI.

@Greg Scott @Edward B.Thanks for the info.

Quote from @Edward B.: Wes is correct.

@Edward B.

@Edward B. 

I originally planned to use these funds for the purchase, but opted not to last minute.From what I've researched, I like the concept of a HELOC for major capex, but wanted to get other people's opinions.

I think the first thing to do is sit with a really good lender, I have one in my office I love, Paige Solberg at lending concepts.  

I'd recommend you do your normal due diligence on these folks, but the concept is pretty well established as beneficial.

I’ve found Investing in Real Estate 7th Edition and What Every Real Estate Investor Needs to Know About Cashflow and 36 Key Financial Measures to help me understand the concepts of analysis by leaps and bounds.