Loan gets cancelled.2. 

Hey Charles, conforming loans will not allow you to close in an LLC.

Hard money lenders and private lending institutions/businesses will loan up to 70% of arv including rehab cost. 

My first thought for an unfair advantage is owner occupied loan options for a house hack.

This makes a conventional loan hard to fit.

But also, you still have to qualify for a new loan to make ANY strategy work. 

Hey Zeke, There are tons of different loan products so it will be all about finding the one with guidelines that meet the needs of your scenario.

On a separate note, I see that you're a lender, do you have provide loans for properties in the NC or SC area?

Thanks in advance Florida is a super lien state, so depending on when the condo was created the entire lien amount could be owed by the buyer or a portion (I believe lower of 1% of the purchase price the person being foreclosed upon paid or 12 months HOA fees, whichever is lower).Definitely will want to look into that.Chris, that 1% of the loan/12 month cap is only for the foreclosing lender if They get it back at the auction.

so, you'll be paying off the interest on the HELOC with your own cash, and then hopefully the property will support the other loan.