Although I am still in the education phase, I’d like to gain an idea of how to fund my first deal by asking those who’ve surpassed this first step.

Should i keep the home and start buying multi families or sell it to get the funds for future deals?

The loans are based off of the property debt service which will determine the LTV range allowed up to 80% of what the property qualifies for.

(Instead enjoying the LTV status) So the question becomes ..... should I use the money to invest in another property or pay the HELOC?

(Instead enjoying the LTV status) So the question becomes ..... should I use the money to invest in another property or pay the HELOC?

I am about to take on my first Fix-n-Flip, I ran my numbers and came up with a 63.94% LTV.

You can generally get 70-80% LTV for 1-4 units, so if the properties have appreciated nicely you could put a nice chunk of cash back into your pocket. 

I would not recommend contributing funds to do repairs until you get the title in your name.

We don't anticipate having any emergencies with our rental properties that aren't covered by insurance and would cost more than $2500, but if we did, we'd chip in from our personal funds and cover it.

We do use a program that has a 7 to 10 day closing period with no appraisal only a BPO evaluation at 75% LTV ..Thats about the quickest that ive seen