I would highly consider the price points and rent potential of both properties. 

Yeah, that's the step I'm on–identifying potential team members.

If I do try to wholesale this house what costs or other things should I consider for my potential buyer?

Yes we could potentially do a HELOC, but as mentioned the rates/fees on a second home/investment HELOC will be higher just as a disclaimer. 

@Chad McMahanI hear you, however buying from long distance is tough too.what best cities do you suggest to focus on, for cash flow and potentially appricition in long term too.sfr vs multiplex vs apt complex ?

Our plan was to use this HELOC to secure off-market deals from wholesalers and then pursue refinancing.Concerns and Seeking Advice:However, I've read discussions, indicating potential challenges in refinancing when a significant portion of DTI is tied up in a HELOC.Given our situation, I am keen on understanding:1.

As i am new to the business i don't want to be scammed.. just looking for advice, any and all will be greatly appreciated.

We naturally started with our personal circle of family and friends who have witnessed our journey from the beginning, we have also begun posting blogs on LinkedIn and our website, we've created a CRM database of all the potential investors we have met in our network, and are soon releasing our first recurring email newsletter for our subscribers.The frustrating part of all this is that it feels like I'm pushing a rock up a hill that just won't make any progress.

Do you own the property or are planning this into a potential purchase? 

DO NOT GIVE THOSE PEOPLE MONEY.This company is 100% fraudulent and a scam.