Fun Fact: Some of them are exempt from the loan originator compensation rule that came out a few years ago, meaning the LO can lawfully get paid more for handing grandma/grandpa a higher interest rate on a one-off basis, just like the F&I guy at a car dealership.

Lo and behold I am unstoppable. 

My question is can we get a HELOC if we are also doing a LO? 

All you need is a lease agreement and a purchase or option to purchase agreement.Are you looking to sell a property you currently own on a LO or are you looking to buy properties on LO to expand your portfolio?

@Austin Works I assume you're planning on selling on an LO?

As a n exercise, you can look up recorded (all (M)LO must be by law) documents for (M)LO in the county you plan to invest.

Interesting..do any of you Denton folks invest in Durant? 

Let me go through the different parts of your L/O one at a time.First. 

The second is that we are a long way off an automated model actually doing the same job as a high level LO.

My name is Durante Kirby.