i am a reo broker here in south florida and work with many current asset managers and several banks. we sell many reo properties. some of those lists floating around out there are dead end streets as so many bomb bard the asset managers with requests they dont even reply 1

also noting most people arent' aware but the credit score run by a mortgage lender and say a general lender like a bank are actually going to be different scores (and likely slightly different ranges) - with some greater weights on mortgage debt for the mortgage lender Credit Bureau settings

I tried to get a HELOC on my rental property, but the bank denied me for a low loan-to-value on the property.

It is better to set it in the bank and do nothing than squander it away on toys, or let it get leeched away with daily living expenses.  

Hi Leo, Foreclosure.com typically lists pre-foreclosures, auctions, and bank-owned properties.

It sounds good in theory to split one into more, but you want to keep banking equity on this one as it requires nothing from you and pays you money which is the whole goal of real estate investing.

Since the property is free and clear, you might consider reaching out to local banks or credit unions, as they often have more flexibility for smaller loans.

I just have no idea how the contracts work, financing options outside traditional, etc. would love some help.

Trusts- Make your bank accounts TOD time of death.  

In practice how Mello Roos works is you create a political subdivision and apply to the county they approve the area for the Bond issue.. you need Bond council and a investment bank to create and sell the bonds. once the Bond issue is approved this allows the developer to get a Bridge loan to build said improvements ( that are usually 5 to 50 million or so) Once improvements are in  and taken over by the county the Bond money is released and is used to pay off the Bridge lender..