Reason for the LLC is I have 180k of equity in this home, additional 150k in retirement savings and another 60-80k in cash in my bank account and I want to make sure im protected if I rent it out and the renters sue me (im told that is a thing) - the nw home would become my new homestead2) Put a heloc on the home (im told I should be able to get about 100k on top of about 60-80k cash I have), keep it as my primary and use the money as a downpayment for flips and either payoff upon completion or put a tenant in and refinance out3) Refinance out 90-100k from my current home, mortgage payment would go up $300 per month ($3600 a year) and just use that money for flips/buy and holds or even just stick in the S&P at an average of 7-8% return so I am making 3-4% more on my money then it being in the houseI am super new to all of this, have been saving my pennies up for awhile and need to get going. 

Like many, you can use a HELOC in the US but, for an investor, that's the same as paying cash.2.

Purchase price: $50,000 Cash invested: $33,000 Sale price: $133,000 "Join us for exceptional returns!

Despite higher interest rates for the mortgage (7.625%) and the HELOC (9.5%), we are still positive cash flow.

One of the things you want to watch out for is that you don't run out of cash money on hand to throw at problems while you own it.

Purchase price: $50,000 Cash invested: $33,000 Sale price: $133,000 "Experience exceptional investment returns with us!

If cash flow is your main criteria, chances are you'll be looking in the Midwest... markets like Detroit, Ohio, etc.Happy to help if I can.

I wouldn't let them stop me from moving ahead at all.....Maybe ask for $2000 cash (to close the deal) back  just for fun.

I just want to be fair.The lesson here is avoiding the temptation to grab those checks and cash them.

Any way, as an REI you can 2x - 4x your cash flow by renting by the bed and putting 2 beds per room.