Private financing would be an investor, investing their own capital and lending you the funds with their terms.

In this case, you can use Rental Income from the units that you will not be living in and that income can count to help you qualify.FHA rates are going to be lower than conventional for you almost always, but FHA does have a 1.75% funding fee. 

Your name and credit would stay with the existing note, which you would keep paying on - ideally yourself with money you receive from the "buyer", because if they don't pay your credit is wrecked and your house is in foreclosure.If you search on here you'll see everyone and their brother looking to do Subto and it's a nightmare unless the buyer has the funds to pay the note off if/when the original lender figures out you don't occupy the property any more and are attempting to do what you want to do, since most loans are going to specify that performance.  

Partner Driven provided 100% of the funding, including the $45,000 purchase price and $92,049 renovation budget.

I have all my reserves tied into the project since I did not do funding for these but rather self funded.

@Enrique Toledo  If the seller is firm at 10% down, you can always get a personal loan for that 10%. 

I am trying to see what is the best way to find Hedge funds that work with wholesalers and wanted to get some advice.

My idea for wanting the HELOC is to have access to funds for future deals.  

A maximum over-funded life insurance policy is very much like a Roth.

Hey Laura,So I can't help with the true GAP funding, but I might have some ideas on how I could help utilizing the seller financing and transitioning it to something long term.