The HELOC replaces the mortgage in that case, giving you access to as much as 95% of the appraised value of the home.If you do it that way, you can plow all your money into the HELOC, hacking away at your mortgage while you're looking for a new job and a new home, and once you find both, you can pull the stored equity from the home and use it to purchase a new primary.Once the HELOC is in place, you can forever use it as a revolving line of credit to invest in new rentals.If you refinance, even at a better rate, the bank wins.

And unfortunately they win the argument :)

All of these properties have a high sales price and I definitely would not "win on the buy". 

Make it a "win/win" for both the seller and you.

I have better luck with post cards with bright colors, easy to see phone numbers and that specifically name the property you are interested in.

Not only are they purchasing distressed properties at a discount, we also have firms coming in buying new builds and turning them into rental properties, which is a big win for them with the rental market being so strong.

And in most cases that I have seen buying in better locations, with more sure rents, and less vacancy is ALWAYS going to win over buying cheap.Hope this helped!

And in most cases that I have seen buying in better locations, with more sure rents, and less vacancy is ALWAYS going to win over buying cheap.Hope this helped! 

For instance, in the event that you need to make an offer over the listing price to win the deal, would the financial terms suggested in your Contract to Buy be strong enough to convince the Seller's Agent and Sellers that you will be able to close? 

Unfortunately too they already signed a listing agreement with another Realtor so I can’t play that card.