@Corby Goade what sort of DTI, do you think? 

We regularly come across loans at 25% LTV where you would then be sitting under 20% LTV against the collateral - Typical loan duration is 2 to 8 months- Typical individual loan amount in the $400k to $800k range- Majority of assets that fit our criteria seem to be in Texas at the moment.

What sort of projects are you looking into?

What type of buyers do you typically work with in ​Denver?"

I'd love to be a resource to you as you sort through options.

I am looking to turn this around after the tenant left without informing us mid lease.I am looking for good contractors in the New Kensington Area to get this turned around so I can try to get some sort of cashflow or fix and flip this.

Local agents like @Jordan Ray offer the local expertise to help sort out real deals from deals that only look good on paper.

The Sellers typically have to disclose any material facts about the property, but you are flying blind is my understanding?

If you're using HELOC funds for a down payment on a new property, underwriters might require you to qualify based on payments for BOTH the new mortgage AND the full HELOC payment, even if you plan to pay off the HELOC soonIn my opinion, neither of these concerns are things that will not be sorted out by the title company and/or the loan originator.Greg, If you read Tony's question he was asking for "Anything" that may not be common to a new investor that could arise or be a pitfall.

Put another way, is there some sort of exclusivity agreement that prohibits a franchisee from generating other wholesaling/flipping income?