@Amedeo Conta,Independent mortgage brokers very rarely do stand-alone HELOCs (80/10/10 = example of not stand-alone), so yup it's local/regional depository institution (bank or CU), or big national box brand of same.

They must conduct a full Interior/Exterior URAR “As Is” appraisal.https://entp.hud.gov/idapp/html/apprlook.cfmOnce you provide us with the results of that appraisal, HUD will submit both to the regional Homeownership Center for review and a final determination.

I have had the opportunity to develop commercial and multi-residential projects within the Greater Toronto Area.

I'd sell it to me, a local investor in the Beaumont region. 

I’m a new investor looking into the Newark/Kearny market and I’m seeing low cap rates and low cash on cash returns compared to other markets in the NE region (e.g.

Also, every region is different, depending on the current demand for services, time of year, etc.

Would hit my specs on price and buying cash without needing to put up any personal money, but I don't really have a ton of good ideas on where and I lose any economies of scale I have by not continuing to invest in the same region.3) Use the HELOC to fund a down payment instead of buying entirely in cash.

The Toronto market is so crazy that I suggest you look in other areas where the money will go further.

Luckily I was familiar with that market (I was regional manager of a 180 unit community there) and knew right away where the rents should be and how we could get them there.

very regional and asset class driven.. last year I paid 125k for an assignment of a 5.5 million dollar deal.. so it depends @Caleb Heimsoth as caleb stated though in the lower value asset areas that I also fund on the east coast its very common to have a bunch of wholesalers on the same hud.. 500.00 1k 2k.. but I have seen houses bought for 10k and sold for 40k with wholesaler making 30k..