One of the advantages of using the LLC method is that title goes from seller to buyer and you and your wholesale buyer are one, in essence as title only goes from seller to LLC, thus, a second title transfer does not take place avoiding two tittle transfers within a very short period of time.That said, if you buy an REO or SS, and their is a deed restriction, it matters not if you take title in an entity or your name.

Avoid a decision based on emotion.

Esp when they have friends stay over.I installed a 2nd bathroom in the older daughters (expanded) walk-in closet just to avoid the shared bathroom drama.With today's mtg rates & the opportunity of packaging your home in the sale of the less appealing/adjoining properties I wouldn't think twice.

Okay, they may not tell you everything, loans are financial products and are sold to qualified customers much like insurance.Some HELOCs may be called or adjusted if;You miss a payment(s)You take bankruptcyYour credit has a significant changeYour home value decreasesYou have an insured loss (small fire for example)Taxes are not paidInsurance lapsesThe lender's underwriting requirements changeA HELOC is a line of credit, a promise to advance funds in the future subject to the conditions that existed at the time of the commitment was given remain the same.You can avoid many of the advancing issues by taking the full amount available up front when it's made.

Not just that, but many aspects, how long are you holding with that HML?

It seems the conversation touches on some aspects to actually raise the value of the homes and create something EVERYONE wants rather than a "stigma".

If just one, you're a transactional broker, not a leasing agent, and you can't advise on either side, you simply facilitate the deal, brokers have ethical issues with this in putting someone in an installment contract and not being able to advise and additional liability.If someone puts a chunck down for an option and they can't get financing, say at the end of 2 years due to problems that should have been avoided, the broker becomes an easy target as well as the agent.I like options, the key to doing them successfully is knowing how to get the buyer financed at the end, not just putting them in a house, the deal is not done until title changes hands.

I wish I could be of more help but I am on the other spectrum of commercial.I do the triple net leasing transactions and apartment buildings transactions but I do not do any property management or tenant rep as I do not enjoy that aspect of it.Do you use Costar tenant professional??

Prefer to avoid "institutionalized" big brokerage type agents.

Thats typically the easiest way around that.Keep in mind that the financing doesn't have to come from the same bank that you got the pre-approval letter from.So if you go get yourself a pre-approval letter from BofA, you can avoid the headache and hassle.