Our members get crowd funded financing through a private source here in Illinois.

One of the biggest frustrations for me in all of this rehabbing is that I just don't seem to have an eye for painting or changing up the layout of a house from the inside in a way that might make it flow better or other things like that.

For me, the biggest benefits are the fact that someone else (bank) finances the bulk of your purchase while another someone else (tenant) pays the loan back, all the while you're cash flowing.Thanks for the article.

In my 15 years in real estate, I've been involved with lending and also borrowing for my deals...biggest take aways that would apply to your scenario:1.

There are several local community banks who would enjoy hearing your story and could possibly refi all the properties for you in a single loan.Send me a private message and I'll be happy to make some introductions for you.

I live in a townhouse for which I paid cash. Then I formed an LLC for my REI’s. I’m thinking of a HELOC for short term deals/flips and was wondering the following...

1) Should I take out a HELOC on my townhouse or my...

if they advertise on any public medium then they are one in the same.. private lenders don't advertise and are those you know personally. 

@Craig Peterson   REITs are the biggest players.https://seekingalpha.com/article/4055959-reit-rank...

If the borrower has other properties already, then the new one using FHA loan must have the biggest sq ft. and is the biggest house compare to other houses.

ofcourse worth it to buy it and do whatever with it, from NY City area where even the biggest piece of garbage in the worst area starts at a couple hundred thousand and up, good luck with it!