I found myself a good budget tracker and I've found it invaluable in helping me fine tune my finances and save more money. 

Investment Strategy - Using HELOC for Immediate Purchase:I'm considering using the HELOC to purchase a property, especially those available through wholesalers like New Western, which require immediate cash payment.My strategy includes refinancing the property later with a traditional loan to secure a lower interest rate and more stable long-term financing.

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Hello Bp,I would like some feedback on this creative financing I am trying to do.

You might want to think about financing the acquisition of the quadplex with the proceeds from your existing home, given your track record of success with tax deeds and flipping.

In terms of financing, anyone with 20% or greater will need to be on the loan, but the boon is that they have experience you can use their experience for greater leverage and rates, and your credit to get the best of both worlds.

How did you finance this deal?

I ask because if it's for investment purposes, I would look at a bridge-type loan, which will finance up to 90% of the purchase and 100% of rehab costs for 1-4 unit properties.

For example,, if the house was worth $200k and the lender needed a 75% loan-to-value, they would only allow for $150k financing on the house. 

Account ClosedI'm having a similar issue with Creative Financing Bootcamp.