House that we bought had new PVC all throughout that we discovered during inspection and it was music to our ears.

I'd go with #1 or #2.Keep in mind that HELOC is best used as a short-term instrument. 

IE the sellers still on the hook for the mortgage and now does not have ownership of the asset.. it also can invoke the alienation clause in the debt instrument. 

But saying a contract, a legal instrument is professionally prepared means to any prudent person that the instruments were prepared or written by an attorney.

If I may ask, have you done a deal and were the mentors instrumental in assisting you with completing the deal?

Some of us cashed/tapped out in '22 and found a chair before the music stopped. 

Inflation was low, cost to borrow/capital was low, and Gen Z’s taste in music was still bad… Interest rates were low because inflation remained low, so the Fed really didnt have to do much, and only started pulling levers again at the end of 2018.

Knowledge wealth building investors can do wonders with the ability to sell “subject to” with approval for such stated in the deed of trust or mortgage instrument.  

Texas Instruments!

The next deal we found another partner, and on our third deal, our partner was instrumental because he had a strong balance sheet, but we were the operators.After the third deal, we were able to start refinancing the deals.