I understand what he was getting at, however not sure what I need to "prove" it so to speak.  

We are looking for recommedations for agent/broker/realtor in the Fairfield County Connecticut area.Wanting to build a relationship with someone who understands REI.

Mathew it is my understanding that you can not to HELOC on any house that is not your current residence in the State of Texas.  

You also said something that I don't quite understand.

@Isiah - Luckily my father was a GC for 25 years, so I have a solid understand.

I understand that refinance topically add more balance to the loan but 16k? 

(Yes I understand you can flip/wholesale/yadda a house and make a great return, but what I am referring to here is the infusion of passive money... solo 401k/IRA, investment dollars for yearly cash flows, etc.)3. 

But my understanding is if you establish a LLC in another state than where the property is you do have to register a "foreign LLC" in the state where the property resides.

I understand the upside in real estate and I also understand the treadmill of my corporate job which will not achieve what I need in the time I need it.

i am trying to find out more about the property i understand that i dont have the experience although i am very motivated to succeed and i will do my  very best to do so and with some help from my fellow BP member's like yourself giving me your input opens my eyes to a different level.