Numbers: Purchase Price: $100,000Down Payment: $5,000Pre Closing Costs (septic test, well test, etc): $1,937.38Closing Costs (not including down payment): $5,706.86Rehab Costs: $14,983.18Includes first time purchase of tools needed, shop vac, miscellaneous supplies that will be used for future BRRRRs.

Are there new shops or shops/business that recently left? 

Here's some things to consider and questions you can ask when calling around: What You Need to Know When Shopping for a HELOC.Good luck.

But if your new, Id play it safer if it were me. 

did you shop around?

If you are having difficulty with particular properties, shop those around to a few independent agents that represent multiple companies.  

That's not my market, but it seems like excellent news to me - regulations like that encourage responsible ownership/management without severely handicapping the industry, and in my opinion creates a safer environment in which to operate a business without fearing that super-strict regulations could swoop in at any moment.  

Should I be concerned about the agent shopping the potential deal to others, and if so, how can I protect myself?

(I super simplified this not taking into account reduced interest from accelerated pay down)Example 1:Mortgage 150k (paid down additional 50k) and 50k needed for next downpayment.Monthly mortgage payment $1000 (not including taxes insurance etc)Cash left after 2nd purchase $0Example 2:Mortgage 200k, 50K needed for downpayment, 50k in reservesMonthly mortgage payment $1000 (not including taxes insurance etc)Cash left after 2nd purchase $50kWhich example looks safer?

I was at my shop so when i was done I loaded up my spare refrigerator and took it over .