HELOC is a form of borrowing money.

The idea that you can build wealth without putting any money into it is a recipe for disaster and the sales pitch of gurus trying to steal your money.

It's all money back guarantee, blah, blah, blah.

@June Broce We do a ton of Transactional Lending for wholesalers looking to double close, some investors who are doing seller finance deals or same day purchase and refinance into a DSCR loan.If you can assign the deal and save yourself some money, it's the better option but I 100% understand why someone also prefers to double close and secure their profits depending on the scenario.With that said, you can buy/sell the land SAME day for a legit double closing. 

However, there is a difference between just turning a profit and making enough money to get a decent return and justify the hassle and the risks.

By using a credit card I can provide a fast closing and actually save money on the property. 

If they have no cash your taking a huge risk on a ground up new build. and for that you would want to get a standby rate of interest like I do say 10% and I would charge 50% of the upside profit.. if they are putting cash into it..  3 to 4 points and 10 to 15% interest is market.and you give them money in draws as work is completed..

We've been managing our properties for 2 years now and been doing a lot of the work ourselves to save money, such as yard maintenance, cleaning, unit flips, etc.

Will you be making more money with a MF?

Hey @Andy Yu - echoing what @Eric Hajdu brought up, your best solution for a quick fix is likely going to be to offer a buyout money or cash for keys.