It is important to note that the information provided by the other poster above is only true when you purchase the property first as your primary residence.

This is true.

This is true but they're also under market value rent by more than $1200/mo.

Always ask for references and examples of similar projects (pictures)The Red Flags you have to Avoid:Lowball bids (too good to be true often is).Poor communication or delays in responding.Hesitation to provide references or sign a detailed contract.Cash-only deals or pushy behavior to secure the job.

Thats so true

Notes selling for $35-40k had true house values to a buyer at $10-15k.  

If you thinking there is some "giant" "fat" to cut out of Real Estate transactions I'm sorry it just is not true.

Not always true, however typically HELOCs will go to a max loan to value ratio of 85, sometimes 90%.

If someone posts something negative about me that is not true and I request them to retract it and they do not, they will be getting sued for enough that they will never consider doing it again.  

The higher the risk the better the return...and at some point you have to watch out for "too good to be true."