That said, I’m not a lawyer so you should consult to be sure.Additionally, asking your lender for permission to stay in the unit is likely not the best avenue, I can almost guarantee that request would be denied, even though you don’t appear to be changing the intent or purpose.

YMMV and your state laws may be different, so consult an attorney, but if you privately took the heloc out on your residence, then you, Chuck Dangar the person, are a private lender and should draft the proper paperwork, complete with repayment terms and interest, and then lend the money to Chuck Dangar's LLC, assuming the LLC is buying the property. 

I'd consult an attorney as the consultation fee seems worth it for an amount up in the $6,000 range.

Personally, I am not an investor, but I represent investors as a real estate consultant with Exp Realty.

There are lots of laws and financial implications to these kind of deals so make sure you are consulting professionals.

Always consult with your attorney before you rely on the above information.

Hi everyone, I have a 720sqft property in Indianapolis. I need to replace the floor and paint the interior house (walls, trip, 2 doors) The contractor that I worked with him until now raised his prices dramatically an...

Hi Scott, I signed up for a consultation via the website you provided.

Will probably need to consult some real estate attorneys but wanted to get any insight first. 

The best way would be to schedule consultations and get a feel for if their communication style works with yours.