One mistake could extend the tenant's stay for months without any income, not to mention the stress it could cause.

The strategy involves using the HELOC for a flip to generate fast cash, reinvesting profits into long-term rentals, or exploring alternative ventures like short-term rentals or partnerships.

On the private side, we fund in a couple of weeks.

Are you currently holding rentals here, or are you considering entering/exiting the market?

The ones in the Facebook groups seem to be scammers. 

I'm paid fairly quickly, at the time the assignment occurs.- go through all the above motions, but this time I don't assign the lease and option to the tenant-buyer.

I think paying off a loan with a high interest rate debt and adding to the principal is one way to stay liquid within the property. 

I am currently working on a website so that the real motivated sellers contact me, so i dont have to spend as much time contacting property owners who aren't motivated at all. 

In my experience, being around growth like minded individuals is what has allowed me to grow the most.

Quote from @Paul Cijunelis: The property owner fills out the form, along with their agent/PM.