You'll be able to do more deals this way & spread the HELOC amoung multiple projects.  

Best way is to get something under contract for a decent price and blast it out all over the internet and social media.

Everything ANY news media reports should be suspect. 

They are acting as middle men trying to make a profit on the spread between their contract price..and what you will pay.

It will be on direct mailers, business cards, website and social media.  

Interesting valuation you have, the $600 part sounds like a tax assessment or an old appraisal, I haven't seen an investor on BP reach a valuation that comes in at $100 above a round number.Tax assessments are for tax purposes, not an investment or market valuation.If that is a true value, there isn't enough of a spread to make this a deal, by the time you have closing costs you'll probably be at market value, you could go over if that valuation is off just a few % points. 

Often the same misinformation is spread from Guru to Guru to unsuspecting student.

This is just the stereo typical info thats fed to us from the media- least common - Split premium - this is in essence an upfront payment for MI usually a small lump sum around 1% of the loan amount plus a much smaller monthly MI fee.

@Max Tanenbaum has great advice. an established roofing company may be to let you differ payment, which would be like financing with no interest involved. they get the business, and with a signed contract can spread their payment out over the winter, when their business slows down 

Collections spread over 4 years, a new company less than a year old (very high risk) and a Fed Tax lien.Run.