The HELOC will show up as part of your total debt when they evaluate your assets etc for approving your loan.

Just to be on the safe side, I would suggest you consult legal counsel to get a definitive answer regarding this, but if you'd like to read the civil code pertaining to security deposits you can do so by following the link below:http://leginfo.legislature.ca.gov/faces/codes_disp...Hope this helps and good luck!

I guess the biggest question I would ask is "Why are you asking here, instead of getting solid legal advice for the attorney you want to partner with?"

I have 20+ sF D, C and B propertiesI own several of these properties in my name, some in a LLC , some that I purchased with credit card debt and some that I own free and clear with no associated debt. 

Brian Egan Are you thinking about using the investors for debt or equity?

The DBA is the business name, but YOU are the sole proprietor and file under your Personal SSN.Look at the DBA filing - - there is no SSN or TIN as it is also known.If you want to file under something other than your SSN, the create an LLC or S-Corp - - seek legal assistance to do so and to understand the tax implications.

I don't have to worry about a high debt to income ratio as this will be my first purchase, I have zero debt, and my wife and I have good W2 income.Since the interest rate on a mortgage can have a big impact on cash flow, I figured shopping around for different quotes would be prudent.

Any party connected, finders, promoters are likely liable REI legal history has shown. 

Ocupant owners of mobile homes have way too much debt to buy even at just their un paid balance.  

So just in case i'm denied (They mentioned my income to debt ratio is pretty tight) I can have a back plan with a hard money lender.