In the end I decided to close on the HELOC anyways, but it was a good learning experience and the next time I do it (probably within the next 6 months on a foreclosure I just bought as a personal residence) I'll be sure to do a lot more shopping around.I think your best bet is to look for a local portfolio lender as mentioned above and if you're not ready to pay the prevailing rates for that kind of money consider going back to work full-time for a few more years as you complete a few more deals and build up your track record with the intent to find private partners etc.

Also, do these fees vary from lender to lender and can you save by shopping around on the closing costs?

I have heard rumored that if it's a homepath loan you can shop around and possibly find a lender willing to look at it for investment purposes, but I don't have first-hand experience with that.

This is a great way to get your feet wet and one of the few ways you can get into multifamily rentals without 20+% down.Now is a good time to go in and talk to a loan officer at whatever bank you'd prefer to borrow from (a lot of folks will go where they keep their savings/checking).It would also help to have that discussion before you start shopping so you know how much the bank can/will qualify you for.

I used American Crawl.

Since when is that illegal in American capitalism free enterprise?!?!

SpaceX has also created a lot of jobs and there's a company called North American Surveillance Systems which announced recently they are going to be renting space at the Titusville-Cocoa regional airport while building a new facility.

About the home it is a very large 2250 square ft with a large shop building located on over an acre on a paved road.

Unfortunately the American politicians and big corporate donors have sold americans out for their own greed/pockets by outsourcing.

I am working on a lead, the seller is actually shopping for offers.