Marketing leads via forms and acquiring their contact info id say aout of 15 leads 3-4 answer and even go see the list of new builds I have them go see but not converting what can I do different to close these leads ? 

Gordan- I have made a living for the last 25+ years buying HUD properties as 90%+ of my acquired inventory( My guess is +-400)  I have an assistant track the properties that meet my criteria with the list price, price reductions and net to HUD. 

Straw buyers are  doing things to acquire the asset at the same time they acquire the mortgage..

If you are using the HELOC proceeds to acquire land for a property that will be business use in some manner (a rental), then that interest expense from the HELOC would be deductible against that business project. 

We will likely split that between index funds, money market/savings, and short term bonds while being opportunistic in acquiring value add properties.

Then make sure you leave enough equity in the Lakewood property and sell it after acquiring your next property.

The LLC has no impact on the effective tax rates.Also if you acquire a property for the purpose of flipping, that will always be Ordinary Income, also likely subject to self-employment taxes.That particular sales event has no impact on the taxation of your normal rental income from other properties. 

Folks,I am about to acquire my 4th property in San Diego in this market now(1 SF, 1Condo,2 Townhome).

Regularly evaluate your properties' performance and consider diversifying your portfolio, having adequate insurance coverage, and conducting thorough due diligence before acquiring new properties.

We acquired it for $45,000 and sold it for $64,000 through strategic marketing.