HI, Is opening a LOC on my primary a good option to fund flips or is there a better solution to get the funding?

Each time I wire funds down to Belize the recipient has to go to the bank and sign why they are getting the funds.  

I don't think rent to retirement can vet a deal any better than anyone else or you, they just have a bit of a system. but the new builds in Lehigh acres, Cape Coral, north port, etc are all garbage. septic systems, poor economics, low rent to purchase price ratios, you are banking on appreciation and buying at market. building direct is going to give you a competitive advantage on a 3 unit let's say worth 600,000 you are going to be 120k ahead than if you bought it through them. that's my analysis. if you are super lazy and too busy to make money and have millions to throw around then I'd recommend not thinking much about investing. but you can also invest in funds and be way omre passive than buying a new build from far away. but if you want to add real value then get involved and make it happen. getting wealthy isn't easy. you work hard for your money and there are build to rent developers like us that try to answer and add value to start buiding relationshipsl

Doing real estate and managing other peoples money from a fund are two very distinct skillsets.

By holding the property until its value increases significantly, you can execute a cash-out refinance to fund your next purchase.

They said that if the contracting buyer didn't have the funds to buy at the time of agreeing on price with the seller - it was under a false scenerio - since they were not going to buy the house from the start.

Because of this, most of our clients refinance their properties somewhere between year 2-4, using the funds to buy another property.

I deal with wholesalers every week on my fundings  or should I say I see their fee's on the HUDS every week.. if I see one come in that is just way to high  like a 50k purchase and 50k assingment fee I wont fund it..

A) The $40K cash on hand was not including my emergency fund and merely represented what I wanted to stick to as a low ~10% DP or to be used for a small refresh/reno. 

Once you have a deal they will guide you through the process and even help you attain the funding with out coming out of pocket or using your personal credit.