This is the second reference to seller financing on an upside-down asset I've seen today.This owner can't afford the mortgage and is about to lose the home.

I would greatly appreciate your insight and suggestions as I begin this journey.I am 37 years old and have been charged by my mom, who is 70, with stewarding the assets left behind by my father, who passed away a few years back.

It's against your real assets essentially.

or their Lendwise product?

Greg Kendall another thing to consider is whether or not this property is inventory, or a capital asset.

Utilizing a HELOC is often a good idea so long as you purchase a cash producing asset that has returns higher than the cost of the HELOC interest.

If you owned that house so that friends and family had a place to stay that is not productive use in business investment or trade and would not qualify for 1031. 

Looking to be the best product and best price for the area.

Considering that the only group sued more than landlords is doctors, I'd say the benefits of asset protection far outweigh the savings you are looking at. 

Just have the Title Attorney break out their 2nd mtg. note template, fill in the terms and send to seller.Seller of course gets to U/W their own loan, and can ask for Credit Report, income, assets, etc.