No they did not but I've only put out numerous email inquiries;however, the answer from ALL has either been No or we don't do HELOC at all.Regarding your comment on the proposed solution, I'm not sure i follow.

Everyone is gambling, and I keep advising my clients to please not compete with that level of moronic. 

Quote from @Ashley Gamble: We recently bought a property that we have found out within the first few weeks of owning it that is has VERY SERIOUS drainage and humidity issues and lots of previous water damage that the sellers did not disclose.

Having read extensively on the subject and listened to numerous podcasts, I'm excited to get started.

@Jackson Sincerbeaux if this is a large hedge fund that is publicly traded, then they are working with numerous brokers and wholesalers alike to find and acquire deals.

There use depends on the type of trust setup - they can be used to bypass probate; eliminate ownership and control from a person subject to lawsuits; skip a generation on an inheritance and hence skip inheritance taxes, and numerous other uses.  

A deposit on cheaper ones...I've beeN an Airbnb and HomeAway host on numerous properties for the past 6 years. 

We help clients close numerous multifamily deals in the valley each month and have good pulse on what's happening.Matt

The challenges are too numerous to outline here, a person could literally write a book.

I have been investing for 24 years and have been through numerous major economic challenges.