We create a separate transaction for accounting purposes and if you ever want to waive the late fee you can void the Late Fee transaction without affecting the Rent Payment transaction. 

Real estate trust deeds can pay 10% or higher depending on your initial investmentHousing Bonds - I know of one operating in ChicagoCommercial Property Let me know if you want to know more, I may be able to point you in the right direction.THIS IS NOT PROMOTIONAL OR ADVERTISEMENT.

Educated people will not invest in an HOA because they are evil and serve no purpose in the USA.Joe Gore

I want to obtain a HELOC to have funds for investing purposes.

Mehran, It's true man faith and knowledge are key to succeed in any business or life purpose, even at the hardest circumstances...Hey Vala is great that you enjoyed being at Colombia...it is funny you remember that game Haha tejo is awesome!!

For learning purposes, you might want to pick up J Scott's book on flipping - it was a big part of how we designed our business model.

This is my background and knowledge which brings me forward to the current and purpose of my post.

you can plug into a spreadsheet for marketing purposes.

Are you asking about consumer purpose loans, such as those sold to or guaranteed by GSE's such as Fannie Mae, or asset-based business purpose loans obtained by real estate flippers?

I'm sure Dmitriy can help you set up a Solo401k where if you put 100k (without penalties) you could use 50k for any purpose including active investing that you benefit from now.