(Note: Generally a cash buyer is trying to steal the property anyway)  Make them send you a Bank Letter showing their available funds BEFORE you let them in your house!

I'm still educating myself (been doing so for the past 2 years), but decided to a HELoC to fund the down payment and would mortgage the rest.  

What I am wondering is that it *sounds* to me like an owner who is wanting to exchange up can either put their physical property or the funds from the relinquished property into a 'temporary partnership'.

I now have 3 lenders willing to fund my flips and decent sized credit lines to cover other expenses.

I have a rapidly growing portfolio of performing notes and liked your suggestion of collateral assignment of mortgage to free up capital. 1.Could you recommend any banks, funds , or institutions who would be interest in providing capital with this collateral ?

I'm probably going to be funding through traditional financing, seller financing or private money.

Had one invested $478/mo in index funds for those 21 years they'd have $1,000,000 - starting with nothing!  

The issue is I can't fund that much rehab money, nor do I need to for the original plan.  

Does it make sense to access the funds to buy another property even though it brings my first properties cash flow down? 

You have to make sure the person or company over the association is not siphoning money and is also being a good steward of the funds balancing the budget and tracking repair items.Special assessments could kill your cash flow model.