Keep in mind though it takes some long term relationships to pull off Horizontal and get bank rates.. your not going to just walk in and get a loan..

Getting it under market value would be a bonus.So, would using an FHA 203k renovation loan, which would allow me to buy something unqualified for a standard mortgage, which would weed out a lot of competition and push the price lower.

If you’re seeking a bridge or a hard money loan, you’d wanna ask about credit, asset requirements, loan to value bands, etc. but each loan is a snowflakes for every scenario always different.

Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.

Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.

@Shwetha Pindikuri,Assuming an FHA loan with a second mortgage can be tricky, but it’s definitely doable with the right lender.

Although you don't need licensing for many loans, it's probably a good idea to deal with and verify the licensing of NMLS licensed lenders.

For example:If a wrote up a contract between myself and the LLC for a loan on said money and the LLC was sued and forced to sell the property.

Thanks,James The only reason you could not keep the HELOC open is if there is something in your original loan documents saying the loan would close once it was not your primary home anymore.

Loans are nothing more than networking, and strong financials which you look to have on the property.