I have heard but not verified that Wells Fargo does HELOCs on Investment properties.https://www.biggerpockets.com/forums/50/topics/508088-heloc-on-investment-property

I need a website, CRM with autoresponder, call center, contracts, scripts, direct mail service provider, list vendor....and there are services out there that offer this, but they are not cheap and I want to verify quality. 

I  decided against the 3rd because it is an auction property that is occupied (verified by walking by) and I have no experience in auction or evictions and did not want to try to learn both with a newborn.

Verification - while the homes that we have been testing are all verified, what am I going to do for future listings?

Also, if you add a financing clause to your purchase offer then it should give you more flexibility as far as having time to shop around for a good loan (Verify with your agent, laws differ across states).

HI Roxanne,It is true you need to be in the business for 2 years but no one talks about the details about how that is documented which is either by:- Looking up CA BRE website consumer licensee information which will show how long you've been licensed- CPA letter to sign/date on you being self employed for 2 + years or 5+ years if you're using Freddie Mac's program since Freddie specifically wants 5+ years to use 1 year tax return- or another third party to verify you've been SE (self employed) like business licenses, attorney's, other auditor or licensesWith regards to income like others have mentioned you can use 1 year tax return to base your monthly qualifying income off of.Freddie mac, like mentioned above is a a conventional financing option but the downside with Freddie is they want 5 years in the business as documented with one of the options above.

Your client (the Sponsor) is also required to take reasonable steps to verify that investors are in fact accredited.

Just in case you should verify that the unit is legal before approaching the City.

. :)Usually, the bigger the deal, the more sophisticated the operator is, and thus better records.So if you're doing more smaller deals, you may have to settle for less, but you can try and get creative during due diligence to verify your underwriting assumptions, like knocking on those same doors and getting a signed estoppel. :)James

When verifying the income do you want the APOD or Profit and Loss statement?