One of my clients had a $1M deal under contract where they needed to do a $300k raise. 

If real estate is involved, separating it into its own LLC before the sale can simplify the process and make it easier to leverage a 1031 exchange.This post does not create a CPA-Client relationship.

It is harder, more difficult, more risky to wholesale without a license.

@Arun Maheshwari we work with clients to find turnkey rentals in Houston, DFW, and San Antonio in TX, but also have 8 other markets we're in across the Midwest/midsouth.

I have had a couple of clients just get the loan approved with the long term rates and then the bank really doesn't care how they get it rented out after.

Like you, when I'm working with clients I highlight the key advantages of the conventional rehab loans (Fannie Mae's Homestyle and Freddie Mac's CHOICERenovation) are:- They can be used for investment properties- You can include luxury items- They have a higher limit – $806,500 in most places.Jeff

CA is an expensive market and regarding tenant laws in my eyes more complicated/difficult as a rookie landlord.

ThanksI have a former client that used them.

Reporting begins when it's placed in service, not when it’s first rented.This post does not create a CPA-Client relationship.

Combining HELOC and private funding is also viable.This post does not create a CPA-Client relationship.