When Delayed Financing Fails...

[Jorge Ruiz]

Hello BP! I am in the process of obtaining a HELOC. My strategy is to use it to purchase properties cash ( I am looking for duplexes or anything that is 2-4 unit as opposed to SFR in Milwaukee) using the HELOC and then execute the delayed financing exemption.

I would like to hear from any of you fellow BP'ers that have hit a snag in the process of executing the delayed financing exemption- what did you do when it all went wrong and you weren't able to due to whatever the reason maybe.

Thanks BP!

Jorge