I thought I could apply for a HELOC for each of my buildings that I currently own, and focus on buying a building where I can turn around and refinance the property at 80%LTV to pay off the HELOC, given that I would be able to acquire the property for less than it is worth.Has anyone out there had any success with this strategy?

In either case and if you will use debt to acquire the real estate, it must be non-recourse financing.

I then acquired one more property and have 3 more to close in the next few months. 

I'm sure there's a way -just like for any individual interested in the property- to get in position to acquire it.Seems like I'd be smart to talk to an RE atty.

It's very expensive on that side and acquiring a retail condo may be difficult to get any cashflow. 

So the refinanced loan will be paying off the original loan meaning that if I put anything more that 70% of the ARV into the deal ,to acquire and rehab, I would be leaving it in the deal at the time of refinance.

I hope everything is well.You may get a lot of solicited messages as a result of you posting that you have acquired a large chunk of change.Regarding house-hacking.

The only time you should need to put electricity in your name (your business name) is when you first acquire the property. 

I am trying to figure out how to structure a mortgage and with whom if I sell a multifam building and acquire several units with equal or more value and debt.

Time to time I think to myself... if I had an extra $1-2 million in cash I know exactly what I'd do (hence the private REIT idea), but I am continuing to add 3-5 properties/year with my own cashflow.I've been able to acquire all my properties based on several algorithms I've designed (I have a whole slew of formulas including my own in-house comps-calculation that identify cap rates out of the box based directly from realcomp data)...