In the 6 months that we have launched the tours at my company we have had several full price offers from buyers that hadn't actually visited the home. 

Walgreens usually trade at the lowest cap rates when you sell if it is a newly minted or fairly new lease.

A: newly flipped (seller invested $100k on flip), ready to collect rentB: tenant in, rental is 10% below market, oversized lot can add on Which type of property is more suitable for a newbie like me?

My question is, if I use the HELOC to purchase the property and my balance is 75-100% of the credit line, will that lower my credit score to the point that I may not be able to refinance the newly purchased home?

Otherwise they will have the Sheriff reappraise it, and put it up for Sheriff's auction again at the newly revised 2/3 minimum bid, until some other bidder shows up.

Failure To launch

@Bill Mitchell as per liability, purchase it in name of a newly created LLC or corporation with the property being the entity's only asset.

I did a rehab in a property and was hoping for it to be appraised at $120,000 which it did for a 4 bedroom home that was newly renovated with a modern look.

I had been educating my self on wholesaling for 3 months before launching.

The house was newly listed on the MLS at 9 AM on a Wednesday.