No other loan option comes close to that. 

@Christian Rodriguez  Typically there aren't any restrictions on how you want to use your cash once the Heloc has closed. 

I would like to find a mentor/agent who has experience with Foreclosures (HUD) who would be willing to answer questions and work together in the Phoenix/Scottsdale area.I'm on a new journey in life and finally taking steps in the Investor direction... something I should have done a long time ago.

Would love to hear from experienced investors, agents, and wholesalers on what’s working in your market!

Avoid PMI and then go to a local credit union and get a heloc after closing to gift the money back.Have this as a tool in your tool belt but pursue use of the 3.5% FHA, knowing that you will be at a competitive disadvantage if you are competing with non FHA buyers, then you can call in the favor from your gift person.Just know that if someone gifts you down payment money, your bank will require them to sign a letter stating that it is in fact a gift that doesn’t need to be paid back.

And for networking events with agents  - Under the Forums tab, there's an Events & Meetups section where you can submit Houston or your specific zipcode and find some.

I was wondering what your experience has been, good or bad with buying rental property in close proximity to the firehouse/station?

I'm a local Denver agent primarily, but I'm familiar with some of the challenges up in the mountains because no deals make sense running the quick math. 

I will be managing and will be paying a real estate agent friend to show the properties for me.

Congrats on submitting that offer and perusing Senior living, either for you or your client.I have been involved in the purchasing process for several senior living facilities, and work closely with a few people who operate RCFE, sober living, and similar types of properties.From what I have learned, the most important thing to keep in mind when purchasing RCFE properties, is that you are also purchasing a business.