I cancelled all bookings, e-mailed the guests why and let them know in what fashion they could re-book and that I would honor the same price but would not allow Booking to process the reservation, and closed my account down (I had a rash of fraudulent bookings through the platform that Booking allowed to go through).

As usual, I got to talk shop with my mentor Sterling White. 

I used run a shop that turned shipping containers into contruction offices.

I would still say 17k total is high, if you want some other companies to call, DM me would be happy to provide some to shop the quote

just be cautious when it comes to using these. ensure you've got a plan to pay that balance back in a relatively quick fashion as most HELOC rates can fluctuate which could make the numbers suddenly not work. i've leveraged mine in instances where i'm doing a BRRR and i want the deposit for a private money loan. i'm not using it as my downpayment and leaving it out there for a long period of time. 

If the lender you talked to only has this option, you should shop around for lenders that have other loan products-80% cash-out refinance is going to be challenging in any circumstances, but especially with a short seasoning period. 

I just didn't shop around enough.

You need to package everything correctly and shop several banks as they all have different appetites rates and terms.

It is three apartments, a store front, and two shops/studios. 

Mortgage Shop w/ Brenna Carles.Chris McPherson with Movement Mortg.