I'd probably start with the bank if possible as they will be some of the cheapest money you can borrow.

Contracts, inspections, how to get the property to appraise, how to qualify and interpret how good of a borrower the buyer is, how good their lender is etc.

Here's what I learned from a second commercial lender.Even if the appraisal comes in sky high, the lender wants the borrower to have skin in the game, which in the case of this particular lender, is minimum 20%.

I'm not experienced with commercial lending but believe the lender looks at the asset just as much, if not more, than the borrower during the loan approval process.

In a state like WA where we are not familiar and the borrower is looking for 80% I would feel more confident in the deal knowing that someone who knows the area established value.

 $33,000 per Rental  ( This assumes an Average Purchase Price for the Properties of  $75,000 ) Will I be able to Re-use this same $20,000 from the HELOC over and over again for each New Rental , so long as when I go to Refinance each Property , I make sure that I Pay-Off the amount borrowed from using the HELOC  ( along with the Interest Payments ) .I just want to make sure I understand the dynamics and the way in which ELOCs work, as I'm signing on one next Monday and am hoping I can use it for each New Rental ...... so long as I " Pay-Off" the amount of the $20,000 from the HELOC that I use/borrow on each RentalThanks so much for the help and insight 

@John Dombrowski , I'm on Android, but I borrowed an iPhone and it's working for me. 

I have borrowed short term cash against my Schwab-One account for cash purchases of real estate investments.  

Thats about $8k per year to borrow another 82kBe certain you can invest the money and get a greater return.

Be aware that home possible has borrower income limits depending on where the property is located.