This structure offers lower income and capital tax rates compared to other entity options.However, owning real estate under your name has disadvantages such as the imposition of the estate tax, the requirement to file individual income tax returns in the U.S., and the consequential lack of anonymity.

Pierre Eade @Pierre Eade   Are you looking to pay off the HELOC just for a lower rate? 

When it comes to wisely investing our hard-earned money, it's important to consider the data, seek advice from locals, or even visit the location in person.The cost of living in Jackson, TN is 4% lower than the state average and 14% lower than the national average.

Moreover, you could connect and speak with real estate agents who do a decent number of transactions in the property's location/market.

Other than that, you might look at personal loans, which are probably higher than a HELOC but lower than credit cards.  

In larger transactions, the role you are suggesting is called a KP (Key Principle).

Therefore reducing risk associated with your transaction.

Generally, most states are either attorney states (most of NJ for example) or non-attorney states (CA) for real estate transactions.

Remember, that the qualification process can take awhile, and the Seller may be prepared to even take a lower price if it means selling the property quicker.  

It would be seen as a rate and term transaction, and your client would have to pay lender fees, third party fees and escrows.