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.

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

., historical features, custom architecture), a dedicated page lets you control the narrative and make a strong impression.- **Providing an Interactive Experience:** You can add features like virtual tours, video walkthroughs, neighborhood guides, and even drone footage to give potential buyers a deeper feel for the property.- **Capturing Leads:** These pages often have lead capture forms, so you can follow up with those who show interest.

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

If you have an accepted contract, the only thing I would really worry about is copies of all leases.If you are still underwriting and thinking of offering, the price is going to be more dictated based on your own knowledge and idea of what you can do with the property, versus what the seller financials state. 

It would be more like $5500 per month...and that's just the P&I.  

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

I see some lenders out there would just pick the "lowest" rate and the client ends up paying more than 1% of the loan amount at their closing costs.Key point is "Lowest" rate does not mean the cheapest rate  I have worked in traditional community banking for over 7 years.

What's your longer term plan for the property?

Converting the basement to a living space to make a duplex.