@Jason Hartman, I've never heard of such a regulation but if it does exist (I assume it does if multiple financial institutions told you it does), would they be okay with you buying a property with another loan, cash, HML or private investor funds and then use the HELOC for the repairs?

Here are some booksMultifamily Millions by Dave LindahlThe ABCs of Real Estate Investing by Ken McElroyThe Complete Guide to Buying and Selling Apartment Buildings by Steve BergesCommercial Real Estate Investing by Dolf De RoosTrump: The Best Real Estate Advice I Ever Received by Donald TrumpTax Free Wealth by Tom WheelwrightCommercial Real Estate 101: How Small Investors Can Get Started and Make It Big by David LindahlRaising Private Capital: Building Your Real Estate Empire Using Other People’s Money by Matt FairclothThe Definitive Guide to Apartment Marketing by Josh GrilloInvesting in Apartment Building by Matthew MartinezCrushing It in Apartments and Commercial Real Estate by Brian H MurrayThe 7 Secrets to Successful Apartment Leasing by Eric Cumley2 Years to a Million in Real Estate by Matthew MartinezBurn Zones: Playing Life’s Bad Hands by Jorge NewberyCommercial Mortgages 101: Everything You Need to Know to Create a Winning Loan Request by Michael ReinhardIt’s a Whole New Business!

Investment Info:Single-family residence private money loan investment in Los Angeles .

The plan that I followed since graduation: Paid off student loans, max out a Roth IRA and 401k over the last 3 years (I’m still eligible to max out a Roth IRA as my income is very low compared to the average dentist - I work in an old private practice that my brother owns).

@Caleb Heimsoth I am not sure if I can refinance a government loan and the private loan I have.

Does anyone know of any good collection agencies for private landlords?

The reason why they're inexpensive and competitive for private "insurance" is because they don't accept everyone.

Small to mid size banks are who you want to talk to before going to private mortgage brokers. 

I don't know all of the in's and out's of it, but typically it's used for short-term money for acquisitions, rehab's, or as leverage for private/hard money in a deal.

Is water/sewer public or private?