I have some heloc available and I will outline that information below.Purchase Price: $575,000Revenue: $100,183Expense: $33,355NOI: $39,113Seller Willing to Finance with 30% Down: $172,500HELOC Availability: $220,000Appraised 6/2016: $575,0002013-2016: $200,000 in Renovation, proven with Tax ReturnI was hoping to use the HELOC for a down payment.

Will Barnard mentioned something along these lines at the 2012 BP Summit but I'm not sure if that information is still relevant to Wholesaling REOs today.

Thank you for this information!

I came to join BiggerPockets after scouring the internet for information on real estate investing.

This is all great information!

Interested in information on commercial rental property.I currently own a lot that will hold a 5 plex.  

I'd say a lot of it went over my head but its awesome to have this amazing community where you can seek out answers and get intelligent, relevant information from people who know what they're talking about and aren't pretentious about it.

If you have any information it would be very helpful! 

Property tax assessors website is a wealth of information when you're looking for properties to mail to.

I initially started researching on Bigger Pockets to find discussions on strategies to weather the storm in a declining market because that’s the biggest fear for us to get started.Thank you for all the information so far and I look forward to being an active member on the forum.