My gut tells me that Homeland Security was one of the agencies he reported the “alleged” fraud to, and anything further was wishful thinking on his part.  

TIf you're goal is to scale, they are an excellent option for while bypassing some of the stricter requirements of traditional financing.

You can do a subject to transaction but that is not legally assuming the loan.the banks got rid of assumable mortgage long time ago. 

I don't have any pending legal issues at the moment, but I've been thinking I should find a lawyer that I can go to for questions, to review documents, leases, etc so that I can have confidence that I'm not making any silly mistakes that will get me into trouble later on.

Property Details- Size: 64,000 SF Class A mixed-use building - Commercial Space: 25,000 SF - Residential Space: 39,000 SF (32 duplex apartments, 2BD/2BA) - Parking: 165 spaces Vacancy and Rental Status35% of the prime commercial space (about 10,000 SF) was vacant and not marketed for rent online. 13 of the 32 duplex apartments were rented at 35% discount to comps What made you interested in investing in this type of deal?

Does anyone know if there is any flexibility here, including if I can keep the HELOC if I have had it for 12 months (so stayed in the Primary Residence for a year after the HELOC started)?

Excited to join the BiggerPockets community. 

I ended up buying a whole new set of chairs for the dining table at Home Depot. 

Disbursements are supposed to paid the 10th of each month. 

They are much more reasonable and are more intertwined in a community than some lender states away.