In my market at any time, I could probably find at least several active advertisements where someone is trying to scam people out of AT LEAST application fees perhaps by requiring they apply before seeing a unit or possibly even move-in money.

View report*This link comes directly from our calculators, based on information input by the member who posted.

View report*This link comes directly from our calculators, based on information input by the member who posted.Excellent Opportunity in Greer!

At least it's a turn in the right direction. 

If I use the LLC's income to pay the HELOC payment directly, will that pierce the corporate veil? 

s direct challenge to you. 1) Your post is literally titled "You Don't have to buy a 400-unit for your first deal". 2) Melanie is calling you out on this one because the deal at the bottom of your "portfolio" page on your website (a reasonable person can infer that it is the earliest acquisition for Next Level Equity) is literally a 236 unit apartment building, which is a little incongruous with the title of your this forum thread you started. 3) Melanie is directly challenging you, stating that she doesn't believe you were involved in the deal.

Get 3 months of solid business cashflow and apply for Amex BLoC.Helocs hurt your personal FICO which may block you from getting business funding.

I'd go the direct lender route that is NMLS licensed as well as funds and services the loan .

I was told by a company that in Washington state, we are required to decommission them, break the lid, fill them up with gravel and keep them on the property, although they did recommend not putting a house directly on top of it…Does anyone have any experience with this?

Properties are secured and sold directly to the investor.