Or would we have to write that house into the new LLC?

I've been looking at foreclosure auctions.  1) If I wanted to use my HELOC to bid on a property and with my LLC in mind, I'm leaning to having to fund my LLC using the HELOC, with my bid price in mind (plus other costs) and then bidding on a property and if successful, write a check from my business account. 

Thanks anyway enjoy your day!  

HOpe this helps...Educate Yourself: Read books and listen to podcasts about wholesaling and flipping.Build Your Network: Connect with other investors and mentors in your area.Create a Business Plan: Outline your goals and strategies to stay focused.Take Action: Start making offers and pursuing deals.Stay Persistent: Keep learning and adapting through challenges.Good luck, and enjoy the journey!

As for the painting, put it in writing that she is not allowed to do that and she will be charged to have it repainted when she leaves. 

You can write off a portion of your mortgage interest, depreciation, and even some repair costs.

But for us in the transactional business we need write ons  not write offs. 

If peace of mind is your priority, there’s no harm in selling now, putting that equity towards Sacramento, and enjoying being closer to your family.

If you want to access the equity, cash-out refi them and enjoy the money tax free while letting the income from the property pay the loan. 6.

Would love to, writing you in DM