I can provide additional advice once you have answers to the above.

Call it a LOC rather than a HELOCUnion Bank, specializes in noo HELOC.

Based on the initial information provided, I agree with @Kristine Ann that there does not seem to be enough spread between the asking price and sales comp, considering the work that needs to be do. 

He asked me for the following-1: Company certificate (for companies only)2: Drivers license/SSN3: Utility bills4: 1-3 months statement of account5: Documents of the property to be used as collateral (if any)6: Provide Loan origination cost for the processing and transfer of your loan funds 7: Bank details for funding (closing)I have their website, but how can I fortify myself so I’m not being scammed.

To provide value to sellers by offering fair deals and facilitate transactions that benefit both parties.

When you say "Cash Flow" how much cash flow are you looking for your $1M to be providing you on a monthly or annual basis after expenses?

Combining primary mortgages (on a subject acquisition) with a fixed second mortgage (against another property) can reduce the loan to value (LTV) on the qualifying mortgage; which should provide lower interest rates and make the offer to purchase more competitive (since there is a larger down payment.) 

I do these routinely for my clients and we use our own money.you provide a first position loan at no more than 55 to 65% of finished value.

You can sign an agreement to use the roofer-adjuster provided their cost does not exceed your best price plus 10% of the claim payout (i.e. typical insurance adjuster rates).

Hi Maureen - I may be too late, but I actually logged onto BP to provide feedback on the Open Spaces course and came across your post.