The property was assigned to the person who drew the highest card out of a deck of cards. 

I just have never considered HELOC as an option probably because I was under the impression that it is like a credit card that you can only use in a certain place and when you do a cash advance, you'll have to pay fees.

Department of TreasureState Tax LienLien by USA or Dept of JusticeUS Department of StateOther Federal AgenciesFrequent Superior Foreclosure-Liens:Code Enforcement for debris removal or mowingDemolition or Environmental Based Liens State child support lienUtility LiensWater/Sewer Delinquency (only in selected states)County (and/or School/Township) for unpaid taxesHere are some of the judgment and liens that will be wiped off from the property (not the borrower who lost the title) if the lien holders were properly notified and "had the right to bid on the property at the auction":2nd and junior position mortgages, such as home equity loans, etc...Credit Card Judgments recorded after the foreclosing mortgage Personal Judgments recorded after the foreclosing mortgageMechanic's Liens recorded after the foreclosing mortgageHope this helps.  

About 2 weeks later I got an email from paypal that was like 'Sorry but the credit card company withdrew the funds and there was nothing we could do.

I hear ya, I leave the cards at home.

I would recommend bringing pen and paper, look professional, and bring professional looking business cards.

Simple things like compare comps, get some business cards, attend local REI meetings to network, invest in marketing, find motivated sellers and find out their needs and how you can be of assistance to them, attend local auctions to find buyers.

He ordered business cards for me and gave me the names of the areas he wants to flip properties in.

As you saw in the case study, the borrower had a judgement with a credit card company.

The EIN allowed me to open up a Business Account at my credit union and it also allows you to open a business credit card.Now I have rents deposited into the business bank account and pay all expenses with my business credit card.