@Will GileOnce set up, you wouldn't pay interest on the heloc until you tapped into it and drew money out.

Drew Hughes You need to find out who is foreclosing the 1st or 2nd mortgage. if the 2nd is foreclosing your still responsible for the first.

The attorney that drew up the paperwork guided us in the foreclosure process, suggesting that the judge's order of a signed Deed of Trust was sufficient to perform a non-judicial foreclosure, of which we did in January 2014.They borrowers sued us for "wrongful foreclosure", as we foreclosed without a signed Deed of Trust.There was a clerical issue in that when the judge ordered the deed of trust to be signed and executed his order said "attached".  

@Drew Helm I'm interested.

@Drew Walls can you provide some insight?

@Drew Oberholtzer, just to get some more detail, is it correct that you will be contributing these properties into an LLC that is taxed as a partnership for federal income tax purposes in exchange for an interest in the LLC?

@Drew HalvinCongrats on making money on flips!

@Drew Slew Best of luck! 

@Drew Denham Looks like the consensus is to remove!

Look out for the posts from @Sam Erickson and @Drew Markert for the upcoming meetings.