I will update this post in a few months to see how my resolution has played out. 

It will show the sellers you aren't playing around.2.

If not your cash flow may be break even or negative and you can make an appreciation play/principle reduction. 

My wife has me come along if her womens intuition comes into play. and now a days she ( and for the last decade or so) she will not show a property until buyer is pre qualified and lender has let her know they can buy.. that weeds them out as well.

I was curious about how this would play out. 

Anyone can do this, but do not underestimate the amount of hard work, will power and persistence that it's going to take.These are the numbers exclusively for the flipping side of the business, it does not include my holds or 10+ wholesale deals that we did.

First I’d like to say hello and thanks for letting me play.

What does this mean for purchase power? 

Does location play a significant role in wholesaling because I'm in a medium sized town in Mississippi and last week I was following a wholesale training video on YouTube and went on Listability.com to find "Absentee owners" ...

If you think you will have enough purchasing power without the extra 10% LTV, it may be better to get the 80% LTV HELOC as it will make the deals a little sweeter.