There are a couple strategies to have your offer be very attractive and still be able to use your lower down payment loan. 

Here goes:I am planning on buying my first foreclosure and will be using the strategy of full cash offer via the HELOC that I pulled out a few years back.

Its going to be tough to keep qualifying with conventional loans / 5% down loans once you scale past a property or two or try some more innovative strategies like Medium Term Rentals.Typically, this is where we see borrowers make the switch from conventional/bank financing to DSCR Loans

And while you may still need a CPA for tax prep and maybe advice it is a lot easier to have those discussions when you already have all the info at yours(and their) finger tips so that you can now have really meaningful conversations about strategies, tax planning, etc. 4) it’s usually a lot cheaper (did I mention that) to have a bookkeeper for the mundane stuff and you can spend the $$ on the CPA where their time is much more expensive and you now need less of it.

If you can keep it and ride out the storm, and sell at a later date this could be a sound strategy.

First and foremost, creating a legally sound structure, such as an LLC, and developing a comprehensive operating agreement is crucial to defining ownership rights, responsibilities, and exit strategies.

What are the specific goals, particularly:1) What return are you aiming for, also duration (quick return of capital or long-term cash flow)2) Big one is WHY to invest your $100k in private lending (complicated, risky) versus alternative investments (treasuries, bonds, other real estate strategies, etc.) 

Interested in BRRRR strategy in CA or potentially Ohio.

Am I just rationalizing a bad investment strategy here? 

Fortunately, we had a very close friend who literally spent a week working with Comcast to resolve the issue.