However, some community banks and credit unions may offer more flexible terms.Best of luck!

And you never know if the information is good or bad. ( I see a lot of Good and Bad, and some downright scary) Buying a good book or course puts information in an organized format.

What are the tax ramifications of deducting interest on the two units we rent out on a first lien HELOC if we are parking paychecks and using that line of credit for personal expenses (groceries, gas, maintenance items, vacations, etc.)?

It (2%) technically would be coming from the seller by reducing the 5% to 3% and then you get a closing cost credit for 2% at COE.

Purchase price: $115,000 Cash invested: $42,000 Sale price: $168,000 Unfortunately, we bought this property as a buy and hold property, and our research led us to believe that this neighborhood was up and coming not in a bad area of Jacksonville.

Never heard of them....so don't know good or bad.   

Since your name is on the deed, you have a few options to secure financing for the rehab:Home Equity Loan or HELOC – Since the house appraised at $500K and you own it outright, you may be able to take out a home equity loan or a home equity line of credit (HELOC) based on the home's value.

Depending on the type of commercial you want to get into my suggestion is to go work for a company that does commercial real estate as learning from people who do it and getting paid at the same time is not a bad strategy 

You fill out an application, provide proof of income, credit report, list assets, list liabilities, and so on.  

Hello Adam, I am curious if you have found out any more information on Broadstreet, good or bad?