Ideally I would want him to drive by the home, snap some pictures of outside/inside problem areas to give me ANY idea of repairs expected before an offer is put it.

Has anyone used a business line of credit to put money down on a hard money loan to buy a flip?

Maybe you would rather lose the deposit, then get into a lifelong bad deal.Just double check the numbers and if you can do a real inspection with a license inspector it’s worth a couple hundred to not put yourself at risk of losing thousands

The best advice is don't wait, make the connections, and put the pieces together now... that way you will be ready when the time comes.

If you want to do the replace your mortgage / velocity banking thing, all you need to do is get a smaller 2nd position HELOC and then take a piece of it ($5-$10k) and put it on your 30 year fixed.

With shower curtains, it's much easier to throw out the old curtain and put up a new one (that is if you're providing the curtain).

When you are investing out of state it REQUIRES (because you can't just go see the property or people involved) systems and proccess which allow you to scale, but if you are investing close to home you can get started easier but it doesn't require you to put the same systems in place from the get go.

More specifically, how many years of tax returns is needed to be shown to qualify for a cash-put refinance?

Rehab funds held in escrow however for some lenders does not incur interest until the funds are put to use

I probably would quality for being a trade or business with the amount of hours I put in remodeling and such but since I don't have logs for the past 4 years (since I've had my rentals for much longer), it would be at least 3 to 4 more years before I'd qualify for that.