Either have additional inestors or get the smaller one to increase thier contribution or maybe the larger one can contribute via 2 different entities (trust, ira, llc, personal name) so on paper each one is under 20%.

Hi I’m Rolain I’m located in Fort Lauderdale Florida I’m a beginner investor, looking for experienced investor that need help, want to delegate certain task,I will work with you for free on the weekend or on the afternoon after work.Thank you 

With the right HML obviously I could look for slightly more expensive fixers and have a larger rehab budget but I still want my first project to be super simple, not a gut job or anything that needs more than 21 days to complete.Is there anyone here who started out this way and "against the odds" successfully completed a project through to selling and making a profit?

Throw another property in the mix and now my HELOC balance might be $70k, with two different properties both paying varying monthly amounts towards their respective balances, that ultimately lump into one larger P&I monthly payment.I tried to get the bank that my 1st mortgage is through to allow me to have multiple lines of credit against it so I could have a HELOC for each property and keep it straight that way, but it was against their policy to do so. 

In general, apartments (condos) are generally cheaper to buy, but have lower rents, but have a larger tenant pool to choose from.

There is certainly no need for an llc for the first few properties unless these are larger 10+ unit buildings. 

Throw another property in the mix and now my HELOC balance might be $70k, with two different properties both paying varying monthly amounts towards their respective balances, that ultimately lump into one larger P&I monthly payment.I tried to get the bank that my 1st mortgage is through to allow me to have multiple lines of credit against it so I could have a HELOC for each property and keep it straight that way, but it was against their policy to do so.

@Brittany Alkire depending on the number of units and market, that should be possible.On larger properties, the agencies want to see 6-12 months of NOI and occupancy around 90%+.Have you considered a Small Bal loan from Fannie/Freddie?

This can also work if you happen to have a smaller unit--try finding larger units within the same neighborhood or zip code so you can use them for comparison.

@Gary Northcutt personal finances are less of a concern on larger commercial loans with a typical down payment.