Hey @Elia Ziliani I would consider taking this year to educate yourself in real estate as if it was your job.

Why would he send you a $13,000 bill during the inspection period, unless I read that wrong?

My dilemma: What type of lender should I be using being that I want to acquire 2 mortgages in a short period of time.

@Michael GlotfeltyI would just say you are at the right place here at b/p to network with like minded people and all the education you can get here on this platform.

It is structured similarly to a HELOC but meant to be paid off in a short period of time - when you sell your current primary home. 

He really is a great guy and I don't fear the scam that many complain about but I feel strongly that whatever education they can provide (from $2-20k) can be found on BP and in other RE books for much less.  

I agree, HomeLine (https://homelinemn.org/speeches-trainings/landlord...) class for $50 was good educational investment.

Secured by the home itself, a HELOC offers a way to use the equity stored in the home at a lower interest rate than many other types of loans.HELOCs can be used for everything from home improvement projects to large purchases, educational expenses, or even debt consolidation/refinancing.

This site has been invaluable to my real estate education, and I'd like to take it to the next level with networking here as we get our feet wet in investing. 

Here are some response rates I can share from my pilot of 371 recipients, which I mailed up to 4 times over a 3-9 month period.