The way to utilize the HELOC funds is draw on the HELOC at least two months prior to buying so the funds have seasoned for 60 days. 

Prior to your nineteenth birthday, make sure to carefully plan and conduct research on potential properties, market developments, as well as the legal and financial aspects related to real estate deals.

@William Coet,as @Chris Seveney and @Kevin Sobilo mentioned, they very likely are either (A) already diversified, or (B) committed to real estate philosophically, or most likely (C) the tax advantages that come with owning and depreciating property, had done prior 1031 exchanges, etc. 

We will need the declarations pages for the hazard and, if applicable, flood policies prior to underwriting. 

Hi Leanna, I would reach out to CF Bank; they allow cash-out refinances prior to that one-year mark.

But a few days prior I asked how many I had made that day  and it was 60 so mathematically I’ve I hadn’t made a call the rest of the week that claim was impossible but I was fine with that.

That’s prior work that lessens the risk of each new property.

Buyers can research liens themselves or they can pay for a title report or pay an attorney.Also, prior posts stating that mortgages can exist are nonsense because one poster said that it was tax foreclosed.In Arkansas, if you are tax foreclosed, there are no mortgages.

I'd argue that house hacking even to pay a similar amount compared to prior renting, because you'll get all the other benefits (appreciation, amortization, & tax benefits).4.

Fast-forward one month to today, I still have heard no word from Philadelphia L&I (even after calling/e-mailing) and I'm ready to start renting it out, but one problem:"The Philadelphia Property Maintenance Code (Section PM-102.6.4) requires an owner offering residential property for rent to provide the following to the tenant at the inception of each tenancy:A Certificate of Rental Suitability issued by the Department of Licenses and Inspections no more than sixty (60) days prior to the inception of the tenancy.A copy of the “City of Philadelphia Partners for Good Housing” brochure issued by the Department of Licenses and Inspections....."