And if they use public funds the property has to remain affordable housing for THIRTY YEARS which is insane.

I’m currently exploring different ways to raise funds for a down payment outside of my 9-5 income.

The purchase prices were 170k and 180k respectively and the budgets were 90k and 100k respectively and they could've gotten a better rate with a credit union, but a credit union will not supply the rehab funds - HML does.  3) The application would be taken in, project numbers would be held up to lender guidelines according to your exp and your credit. 

I have some funds of my own, but not enough to cover the steep down payment. 

I also have lost out on a house because I was some dollars short of the 10%.I know the area and property quite well, and familiar with the foreclosure case for the particular property in question.The reason I ask is, because I am not physically in the area and wanted to see if any service exists, where they can bid on your behalf, when you tell them your maximum, and perhaps hook up with a HML, where the 10% down payment in certified funds is not a hinderance.

If communication is poor and/or we're not receiving regular updates with pictures and/or videos, we won't fund anymore projects.

Move out time came and they hadn't even started looking for a place etc etc. 2 weeks out from the court date for the eviction they upped and moved and didn't even request the funds (not that I would have given it to them anyways because they were 2 months past the agreed upon move out date).

**This is not legal advice, but is what was promoted to fund a guru company class**

Are we able to transfer our funds to each other's LLC without worrying about taxes since they are both under the same parent company?

The HELOC may or may not disappear, but it will likely be "extinguished" from the property title after auction.After a first mortgage lender forecloses and it's lien is paid off with the proceeds from the sale, any surplus funds from the foreclosure sale are distributed to creditors holding junior liens, like a second mortgage lender or judgment creditor.And by the way, YES you should serve notices prior to entry just to be safe.After you acquire the property, what is the goal?