Within 30 seconds I was sitting with the BIC behind closed doors and he was looking at my offer, That is an excellent idea and could be my last resort short of just waiting for this deal to go REO.

Cash-out is a last resort...credit unions can go to 98% LTV on a HELOC with a 15-yr payback period on a 30-yr am schedule...true interest only payments...you only pay on the principal...But in general, yeah- HELOC makes more sense. 

We've resorted to paying people to handle and just bill back for their time and that's been much more effective. 

I just wanted to make sure that there was somewhere that would be able to do a deal like this since I’m a newbie to make sure that I wasn’t getting too far out over my skis.

Use this trick as last resort so it doesn't loose it's effectiveness.

I go to Vegas at least 2 or 3 times a year and get similar rates or even lower at 4 star resorts on the strip, not off strip like the Palms.

If I put my house on the line, I can walk out in 10 minutes with the money but that's a last resort.

I know the sky's the limit with self-marketing, and I'd love some experienced insight. :) Let the chatting begin! 

I don't think they are as popular here as in resort areas, but I think the demand is growing. 

I own a lot in ca that is zoned rmf-2 In a ski town which allows for transient occupancy / nightly rentals.