$38k out of pocket not counting cc with a cash flow of less than $200 a month???

One of the risks with a high leverage strategy is the the bank, CC, HELOC provider, can freeze credit lines whenever they decide to.

David paid for some with his card, so you have to break it up between store credit and refund on the CC.

Your timeline will likely be in the 30-60 day range how much down payment will he need.. sounds like he needs the heloc to get the down payment and so sounds like he needs to pay the CC off  although I cant see how 6k in CC debt would make your credit that low. ?

Worth it paying a little more:  - Minimal extra on mortgage, 80% of this is financed anyway, plus more mortgage means more equity paydown  - Less problems as far as area crime  - Excellent schools  - Longer-term tenants (you save a LOT by not doing a turnover every year and having a 3-year tenant)  - Better appreciation (vs. nonexistent in your c/c- classes)Don't be penny wise and pound-foolish, i.e. don't cling to the C class for another $50-75/month in rent while you leave a $5k annual benefit off the table. 

Is it wiser to just see if I can get one the cc companies to waive the transfer fee and NOT open a new account?

. - Plastiq.com will apparently shut down your account if you charge your own CC against your merchant account (major TOS violation). - With goldmoney.com to buy gold and then resell for cash there is a 5% loss on each transaction, making HML loans look cheaper.All in all it looks like biz credit cards are ill suited to fix and flips especially when the purchase is from a government tax sale that requires a cashier's check.

I would do this through opening a couple lines of credit (I recommend discover student cc), saving at least 30% of your post tax income, and networking as much as possible eon bigger pockets and local real estate meet ups.

Software such as Quickbooks Online is a great location for consolidating bank and cc statements, PM statements, mortgage statements, etc. 

YOu will get the best rates4. 15% is very low, work on keeping it this low, avoid CC debt, and pay them down comfortable and continue to save 5.