With fannie/freddie, end lenders all go up and down together but revolve about the same narrow band on interest rate pricing.

Remember, a HELOC is a revolving credit line that is secondary to any existing mortgage you have on the property, so it will never be as good as a primary mortgage.

In '04 my revolving credit lines were over $140k and I was feeling a- ok.

.  ;-)In any event, be prepared to put 20% down AND possibly pay off a 'revolving debt'.  

Needed the money one time, not revolving, so opted for a loan with a set interest rate.The monthly payment on the loan effects debt to income ratio so need to make sure you have room there.

My question revolves around estimating the value of the property to make a fair offer to put the property under contract to wholesale to one of my buyers.

All the suggestions for finding motivated sellers in the classes I've taken tend to revolve around direct mail and getting lists from county records, but I keep hitting the road block that my county simply do not provide such lists.

They have a significant amount of equity in them.I'm in a similar boat, looking for a revolving line of credit to renovate and repair, for a first position.

Hey @Cam Clinger!  

I personally like investing near colleges because I like having a revolving student population for tenants.