There are some HOA's that are in such bad shape they wont allow any type of loans and it must be a cash purchase.

It is in my book (available in January) and the score sheet is part of my forms package available for purchase.

You are definitely going to want to get a lawyer and as soon as possible.This will sound harsh.In your story, you have made a number of very poor decisions about how you purchased and managed this property. 

It allows you, the wholesaler, to transfer your rights to purchase the property to an investor.

Purchased as an asset sale in October 2019 as a buy/hold investment.

Hello, I am new to the BiggerPockets forum and looking to purchase my first investment property this year.

Don’t fill your purchase agreement with the seller full of “Weasel Clauses.”

@Mario Morales - As some others have said I think the strategy is sound, but the key would be to find a distressed property that you can drive up the value with renovations so that the new value is 25% higher than the purchase price so you pay back your HELOC.

I just recently closed on a BRRRR for my client that was $185k purchase price, $25k rehab, and $265k ARV.

I'm looking to purchase an investment property in Allentown PA.