You're first deal is never your "best deal", but is likely your "most important" deal if you continue to invest.

I'm looking to categorize my buyers and blast out a text message to specific groups whenever I get a property that fits their criteria.I'm sure services like this exist out there but I'm looking for the most cost effective one and I'd rather hear the best from you guys rather than from the salesman pitching their product.Does anyone use a platform like this and how does it perform for you?

You are likely overpaying by $5,000.Broker fee of $3,000 and Processing Fees of $2,000 seem out of place...but then again, i never used a broker to get a loan so I am not sure about that.If the broker was able to get you an interest rate or loan product that you wouldn't be able to find on the open market...its high, but likely fair.if you are getting a loan product that you could have gotten by going to a normal bank...seems high and unnecessary. 

We've been able to rent properties pretty quickly, just as long as the rental rate is appropriate!

Current HELOC rates are typically 8-10% depending on your credit and lender, though some banks offer promotional rates.

My agent is currently finding best rates with Travelers.   

Don’t chase rates.  

I don't do this for a living and have no real world experience, but at 40% down, even with a 7% int rate, that seems like a high monthly payment.

What are some of the best areas or even zip codes that would be good to buy a rehab property?

@Melanie P.I need to unpack & clear some things up from your last post for Bigger Pockets viewers.