I used it to purchase an off market deal and am about to refinance to pay it off and pull out equity (550K total). 

My partner didn't have good credit at the time of purchase so her income isn't a factor for the HELOC because she isn't on the mortgage or the deed. 

Purchase price: $93,000 Cash invested: $993 Sale price: $150,220 Contributors: Peter Vekselman Partner Driven, in collaboration with Robbie Vekselman, successfully completed a deal on Springdale Forrest Circle, Gainesville, GA.

Based on the disregarded entity status, I can then change the title to the new LLC, complete the sale of the property and 1031 exchange the property to purchase a new investment property under the LLC.

I believe the house would resell for $650k, so $650k + $150k = $800k deal value minus $700k purchase leaves about $100k profit in the deal.

Purchase price: $155,000 Cash invested: $3,000 Sale price: $180,000 Contributors: Peter Vekselman Partner Driven, in collaboration with Seth Choate, successfully completed a deal on Seattle Street, Modesto, CA.

Market price was at 650K, the deal might only make sense to purchase at $438,782 (Including CAPEX/Repairs funds).

I am looking to purchase my first investment property and I want to do a house flip.

Forge Trust is my custodian for the self directed IRA with checkbook control.Be aware of possible UBIT tax if you use leverage for the purchase any property. 

Purchase price of $2-2.1M, willing to put $5-600k down.