I have one SFR that I invested in through HomeUnion, but I wasn't too happy with the process (they just have unrealistic numbers and charge way too many fees).I have about 100-150k personally and also have a friend that said I can borrow 500k-1M under almost any terms as long as it's better than a current CD (i.e. ~3% for ~10 years).

Is there a way to add repair costs that will be borrowed rather than paying with cash?

The big pro for the HELOC is the flexibility as you only pay on what you borrow.  

Wet funds being your cash or borrowed funds.In a second type, the funds from your end buyer (party C) are used to close your A-B transaction (also calked simultaneous closing) and this type is no longer legal in most, if not all states now.

As requested I sent in my borrowers information.

Never in my wildest dreams would I put something in my childs name and jeopardize their credit or borrowing ability....but you learn something new everyday in owning/managing. 

If the answer to any one of these is no, then I’m guessing you don’t really have a loan and you don’t own the property.We been called by unknown borrowers asking where their loan is.

I want to see our borrowers position themselves for success; not waiting to be sued personally because 5 years later the new owner got some mildew in the bathroom and wants to sue.

I built a relationship with a local bank who does portfolio loans, and borrowed 80% LTV based on the new appraised value.

I built a relationship with a local bank who does portfolio loans, and borrowed 80% LTV based on the new appraised value.