HELOC can free up the additional 10-15%, but comes with a price (fees, higher rate, higher risk).It may take a while to save another down payment on annual positive cash flow from 1 property, depending on your numbers.  

If I understand the little I have read about the process, this is how it works:A regular lease is signed, just as for any rental, and in addition to that, a purchase option.

We meet at an active investment property and walk everyone in attendance through the details of the particular deal; so it's been a great way to get more 'hands-on' knowledge from active, successful investors.

So at the time that I'm authoring this post I'm still in the assignment contract even though there is not one currently active with the owner of the house.So my question is, at this point could I walk away from this deal and get my full deposit back?

The attorney won't walk you step by step through the process like an agent would but the contract you sign with the FSBO can be structured the way you want it with an attorney.

HelloI am looking for a general contractor for a 2nd floor addition on a ranch i just recently purchased for a flip.It would would be about 1000sf master bed/bath, 2 beds, 1 bath and a laundry room.I would also want to remodel extiour..I do not have any plans.I am in the north suburbs park ridge.Thanks jeff

There are a few additional research tools that I use that may not be as well know that I thought I'd share. 

The UBG will will walk through many of the key topics of real estate investing.

My best suggestion go walk the area, see what new restaurants are coming into the neighborhood.

My original credit facilities were to buy court house steps.. so we needed cash on the barrel head so we started with a 4 million dollar unsecured LOC.. we used that cash to buy then we got the appraisal etc and tapped our holding line which bounced between 6 and 8 million.. it was pretty sweet.. you talk about advantage at the court house steps.. walk up with a couple milske in cashiers checks.. and if I did not use them that day the money was never taken from my account and I was not charged for it.. this is what great banking relationships will do for you.. then in the melt down of 08 that bank was the only one of 5 I dealt with that kept my credit lines in tack but they shrunk dramatically of course..