Yeah, I think you're being Way to concerned about this....the property is either delivered vacant and broom clean, or you don't close.

If you use the search term "Wholesaling" in the search above, you will see a range of things to read including a beginner's guide.Good Luck.

Anyone else in NJ that could help a beginner out?

If ownership is joint - no possible objection from the IRS.The third one is probably the one that your exchanger is overly (in my opinion) concerned about.

Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/meetSet up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alertsRead Beginner’s Guide: http://www.biggerpockets.com/real-estate-investingCheck out BP Podcasts: http://www.biggerpockets.com/renewsblog/category/podcast/If you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box.

My concern was whether I could use the HELOC directly.

@Kate McClinton, I totally understand your concern.

Do you have any recommendation for 360 cameras and virtual tour software for beginners?

That seems to be a common concern.  

Therefore, we're not concerned about that loss.