Getting a loan from a conventional lender for a buy and hold will be more difficult than obtaining a hard money loan for a flip.

Honestly the brick and mortar model is attempting to adapt to the internet world, but it is difficult when every brokerage office costs at least $2k a month to keep the lights on and door open. eXp doesn't provide the leads exactly. 

Thanks, Adam Most HELOCs are interest only, so the payment is simply (balance * rate / 12). $25k * 5.5% / 12 = $114.58.

It is difficult to get one with phone numbers because reputable brokers won’t provide the numbers of people who have signed up for D0-Not-Call.

The *minimum* that any lender I’ve ever talked to was for the loan balance.

@James Denon, VERY difficult to get done, but possible. 

Getting started is a fine balance between education and motivation.

Ideally there's a balance between the notion of Right First Time and Minimum Viable Product that should be struck whereby one acquires enough knowledge to act and then uses action to adapt and evolve.

The trick was to 'treat it like a checking account' while putting your whole paycheck against the HELOC (mortgage balance) and just paying bills out of the account.

So the fancier way of saying it would be the DSCR worked for them and my net worth was greater than the loan balance.