As I mentioned every person and their criteria is going to require a different loan program and each loan gets risk graded based on several factors.

Most (not all) HELOCs require that the property is titled to an individual (not LLC) and are full doc, meaning your employment history, income, DTI etc will be factors.

The sellers had put so much pots, plants, planters and shrubs out that I thought there were too many plants/planters that would require a new owner to upkeep.After a few potential buyer tours/showings, the owner heard all the comments (via the security cameras) about how there was a "lot going on with the plants and stuff out front".

What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?

We purchased 133.7 acres January 20th of 2024, we then proceeded to subdivide 4 building lots, ( two 10 acre lots,  and two 2 acre lots)  which included costs associated with septic testing,  survey & subdivision, and property maintenence required to market the building lots.

Fix and Flip -Requires a minimum down payment of 10% with 100% of the rehab financed. 

Have a picture of your family actually installing a big fancy door.And of course, I assume that you are licensed/bonded/imsured as required by your local laws?

Additionally, involve a real estate attorney to ensure the transaction aligns with legal requirements and protects both parties’ interests.

Do have an idea of your preferred acquisition price and how much rehab might be required? 

Above are just hypotheticals, but they bring to light the point, which is, evaluating opportunities requires apples to apples comparisons.