Don't look for lowest rate, look for lowest cost on fees as you will either refinance out of that loan or sell- the prepay will hit you on the back of the head like a cinderblock wall.

Velocity banking works because the HELOC or PLOC (Personal Line of Credit) takes time to accrue interest following his withdrawal to pay mortgage early.

Your best bet are the (relatively speaking) higher cash flow markets in the midwest and southeast and perhaps a few in the rust belt.

Do you prefer Flips or Rentals? Or does it vary by area

Risk is the rehab part.

(Fuzzy math--would need to see the details, all the other disclaimers...)You can use a rental agreement to offset the payment of the home you are departing for underwriting purposes on the new purchase loan. 

In addition to STR'ing the main house, he is building 2 more units (ADUs) on the back side of the property.

New to real estate I hope I can learn about the market on here.

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – and they often select the first PMC they call!

Is it possible to wholesale a seller's property to the same seller's LLC?