It's a challenging market but I say if you can pay less then you currently are renting then it's a win.

A potential challenge with a HELOCs is they are based on the current appraised value of your home, not the improved value, so you would need to make sure you have enough accessible equity.

Quote from @Michael Challenger: I have no qualms with hard money lending, but I need to learn more about the process and structure to these for typical deals so that I am more comfortable and in a position to reduce my personal risk and risk to investors as much as possible.

Quote from @Jonathan Bombaci: @Scott Trench Challenge accepted!

Challenges?

The laws mostly protect me the lender and I have always gotten paid even if there are occasional borrower problems.

Of course, it comes with many different challenges.

I've been eyeing land in Central and West Texas, and they occasionally have some interesting opportunities, but some of them seem too good to be true. 

Challenges?

I think several members here will agree that wholesaling abroad brings challenges to an already challenging business.