I have recently been told by someone I know really well, that you cannot use a home equity loan to purchase real estate or use it as a down payment either.

Selling information.Each creditors has an agreement with one, two or more of the credit bureaus to provide “timely and accurate” payment reporting history to help assist other creditors in determining if that individuals credit scores and character are worthy of providing financing.Keep in mind, the credit score model does one main thing… Determines the probability of bankruptcy.Would you want to finance someone knowing that they could lose it all?

The payments coming in from the installment sales contract cover the payments on the monetization loan.

Curious if anyone uses cozy.co for managing rental paperwork and accepting payments?

You're discriminating against familial status and will end up with huge damage payment and you might lose your license if you do it for others. 

Sometimes these funds are used as the down payment money for a hard money loan4. 

Buy a house with a 40k down payment. 3.

Payment terms: We are willing to accept a minimum monthly payment of $25.00, starting in September 2016.

Your payment will be lower which will help with DTI for other future property investments.

After having a couple of different banks run the numbers, the best I can do is a cash out refinance on the two properties with the most equity.This would allow me to pocket ~$45k and increase the combined payment by $136 per month.