You end up using the cash flow to keep it propped up.

Quote from @Dave Hart: In the weeds on this one.

Mostly on trade accounts with local businesses for the materials, some business credit cards, some of the contractors were OK with waiting 30 days for payment. 

In general, if there's nothing in zoning or the deed restrictions prohibiting the division of the property, it's mostly just getting it resurveyed and presenting the new subdivisions to the local government (county usually) to have each lot recorded as separate parcels.

NO ANSWER, and the charge goes on. 

Quote from @Josh Wells: Hello everyone,Does anyone have any experience in the Victoria Texas area with rental?

Is anyone there at this time of the year who wants to connect?

What's the alternative and what's the question.

If you are planning to pay the HELOC back after each flip but then draw it right back out to buy the next one, you will have a loan balance most of the time and a refinance might work just as well for you.

@Tanya Maslach What was the asking the price and what was your original offer?