I would love to be put in touch with your partner.

I will get in touch if I decide to move forward on this.

HELOCs are fine, but keep in mind that you really only want to use 50 percent of less (each) of your available equity just so you aren't creating a problem that you can't solve later if the value of your personal residences fluctuates.If you both have W2 jobs though, have you looked into getting qualified together and just getting a loan, 10 percent down each?

I would like to get connected with more private lenders in different target area preferably Huston Texas  I can get you in touch with great Lenders here in Houston!

I personally do not touch equity in my own home to incorporate into my business.

Let’s stay in touch and see if there are any deals we can collaborate on!

So focus on lead generation.Once you have that covered, then yes you do need to have a bit of insight on the workings of the transaction.But all this should be easy to figure out the moment you keep commonsense in play.Start with getting in touch with a wholesaler-friendly attorney for your closings (if you are in an attorney state), and build a relationship with him (that is also what I did)..He should guide you along the way as you go.

The past tenant was a hoarder and the apartment has not been lived in or touched since 1999 (26 years)! 

Thank you @Marc Rice, I will certainly get in touch! 

You may need to replace insulation, sheetrock, or even framing material.The only way I would touch it is to have a contractor give me an estimate for renovation, then lower the price far enough to handle that renovation.