Don’t pay a coach don’t get sucked into spending credit card money on dreams and promises.  

Last, there are a ton of unsecured loan options for you if you have decent credit (usually 700+) and low credit card utilization (under 30%). 

They shouldn't have to fill that out twice.The intro letter should provide all your contact info, maybe a couple of your business cards so they can stick one on their fridge.

However, if this total income number is negative it will count against you like any other liability would (think car loan or other mortgages with no rental income or credit card min monthly payments/etc) against your DTI.DTI is typically maxed out around 45-50%, so half of your monthly figure so if you make 10,000 gross per month your max liability at @50% DTI is 5000 a month max payment.

In 2020 the house was 75% done and I had to re appraise the house and get a new loan to pay off all my credit cards, personal loans, etc.

But if you are already worried about paying back that HELOC out of the property you buy, you are creating a house of cards from the start depending on how good of a buyer you are.

People are turning to their credit cards to buy food.

i get cards, calls and texts every day from wholesalers for my little portfolio - so that shows you how much competition there is out there.it's also tough to do as a beginner in real estate, because the best wholesalers surface strong deals and know how to estimate a rehab.  

They were actively trying to open credit card accounts in his name I seen on his credit report.

As an example: the lender asks for a payoff letter for a credit card or some other debt so that it can be paid off at closing.