They appear to be suite-like properties.

If it's down payment towards another property, then a HELOAN is usually better suited than a HELOC. 

Louisville seems to be becoming saturated with "luxury" apartments, so my guess is that the <$1000 rents are a solid bet. 

Last year we supported roughly a dozen luxury STR investors get their coastal beach homes launched, and so far in 2024 five out of state SFR STR investors and one two unit STR eligible property pending.

Your lying and misrepresenting the facts and reality to suit a narrative. 

I don't have a network of investors I am part of, and honestly I don't think these properties are especially well-suited for an investor.

HELOCs generally are not so well suited for long-term debt as a mortgage.

I think this is why they wanted to attach the licensing requirement to these kinds of deals - to give them the broad leeway they want in saying what people can or cant do without having to write 4,000 laws.I don't know that this law as it's currently written will withstand the suits that are sure to come from investors asserting that the marketing of a contractual position to buy a property is not captured by the wholesaling definition (and I don't think that it is).

You should start at municipality,with title insurance claim, then try working with seller directly.After exhausting these I would be sitting down with an attorney and sharing the fully paper trail for closing and the follow up with each of the three parties above to file a suit to let the courts figure out exactly where liability rests.

Please join me to suit Marcos and his companies!