If interest rates are the same and loan amounts are the same, you will build equity in both proposals at the same rate.

The wholesaler created new terms with the tenants and the wholesaler plans to hold it so that the new loan gets seasoned, before selling the note.I opted not to get involved and have started my knowledge building into private lending.

I would say that 80% of the Building Inspectors I worked with over the years (in SoCal) were on a power trip.

You're smart for recognizing the importance of building relationships...very few wholesalers in my area understand this. 

@Jeremy H Barton I would suggest taking a look at your cash flow before signing up for a HELOC on a brand new building.

Quote from @Evan Ross: One of the most common mistakes I see with amateur landlords: attempting to build goodwill with their tenants.

Build your equity and cash up.  

You don’t need necessarily need to build credit.

One of our biggest clients plans on building more up there and meeting another GC or two would certainly make sense.

I wanted to build up his team, I wanted to help bring him work, I wanted to help in sales and lead generating and buy into his companies LLC.. but even that was fraudulently represented as  In the beginning he had represented himself as someone who had a team in house around 60 people, with vehicles, trailers, tools, lawnmowers, weed wackers, nail guns.. the works.