Main goal of All In One heloc or 1st Lien Position Heloc:  Lower your daily average balance.Main Drawback: Rates are substantially higher than 60% of current 1st mortgage balances.If you are mostly living paycheck to paycheck and your money leaves your account as soon as it comes in to pay bills, this is not for you. 

In particular, the ability to auto-sync and categorize bank transactions (similar to Stessa), easily track expenses against budgets, and streamline lease creation with lease templates is quite nice.

Having dual licenses, loan origination and real estate, has got me involved in most parts of the investment transaction.  

An investor who has participated in a subject to transaction without lender approval should NOT assume that they are safe from note being accelerated because a certain amount of time has passed.  

A good accountant can determine how to account for the 70k received in the best tax advantaged way that makes sense for the transaction.

Any transaction done with little or no equity contribution is most probably (there may be a few exceptions) in danger of “blowing up” from over leverage and insufficient equity cushion.  

Along the same lines, they completely ignore all the things a good operator does on a daily basis to avoid the claims from arising in the first place.

If I have specific questions about a transaction I’m doing or something like that, I just ask via email or phone call.

It's not easy, but all successful agents operate like a business with daily tasks to attract leads and follow through on those leads.

Please share any helpful resources, your personal experiences, and what you have found to be valuable with every transaction.