I was able to complete a convention refinance and get the hard money loan paid off.

@Nicholas SchwarzYou would need to know the interest rate for the loan term to understand the interest paid over the three years.

This way, they get paid on both sides of the deal, but just as importantly, they have the direct pipeline of information with the seller to help get the deal done.

Only one applicant at a time goes through the paid application/background check. 

But I bought a rental property using my HELOC, I paid for everything using the HELOC. 

I had suspected after my limited online research that the tenant might be responsible for a least a portion due to the clog and lack of informing me the toilet was not functioning properly.

Somewhere in there you hopefully get paid.

I now use them for my annual filings and agent of process for about $300/yr and had them create my second LLC (and paid them)

that may be more hassle than a complete exit.Why is he willing to pay much more than you paid?

One of their points was that I was trying to dodge my responsibilities as landlord because of a question I had posted in an online forum.