One objection that is common now a days is the first mortgage rate being low and the home owner not wanting to lose that low first mortgage rate.The other objection is they want to use the Heloc like a credit card only making a payment on the portion that they use rather than the full amount.

If you had 50k in credit card debt for business startup costs (not real estate) with a 3-4-year plan to pay it off, high debt utilization in the meantime and a 620 credit score - but wanted to start investing in rental properties - what would you do with 20k that falls into your lap?

@Joe Villeneuve I have a similar situation, I have a 743 fico score, with a credit card that have a remaining 12,000 to pay off a 20,000 card.

On one hand it is scaling fast, raising less capital, feeding the machine, and placing more cards on the table hoping their aren't more busts than winners.I am talking about in generalities and not Ashcroft.

I was recently laid off and have accumulated about $20,000 in credit card debt, primarily from paying last year's property taxes and covering a few months of living expenses.

Our bank offers Deposit only cards cards (looks like an ATM card) that we give to each tenant with their name on it.

Outside of real estate, I enjoy spending time with my wife and kids, as well as playing golf, collecting comics and sports cards, and binging the next show on Netflix.I am very excited to meet people with common interests, network, learn, and help where I can.

Attending these events are REALLY important (I can find my first mentor, network, collect business cards, etc), but I'm held back by my situation. - What is the optimal way to fund my first deal?

Purchased creatively ( sub too) Rehab (Credit card zero interest)What was the outcome?

Some do a gift cards.