They offer zero equity value, though.

Not a lot of distressed sellers underwater on loans.

Hi Kevin,I'm a licensed loan officer in the state of Florida, if you'd like to schedule a quick call, DM or email me!

Are you pre-approved for a construction loan? 

When we present a Subto for investors to buy, it has to have enough meat on the bone, all said and done, that the investor will still have equity and the property will cash flow.For instance, I have one I'm working right now, that has a high entry, because the seller wants some cash out to himself, but even with that, the buyer will wind up with $50,000 in equity.

Purchase price: $137,500 ($44,000 in to the property... loan at $101,000)Appraisal: $180,000   ARV: $195,000Est rehab cost: $7,500Scenario #1: 75% LTV cash out refi at 4.25%...

If you need that equity that soon you may just consider holding out to sell the house outright5.

Mostly from a home equity line of credit.

Ask your loan officer if you qualify. 

However, after talking to some loan professionals, it seems that there are always origination fees, appraisal fees etc.My question is, what fees should I expect to pay when opening up my first HELOC.