I was hoping I would not have to go that route, but have already brought my attorney up to speed.

If they would open it up to dealing directly with the bankers, the speed of the recovery would pick up steam very rapidly.

It will speed up the process of finding no-competition deals faster.  

So will see how it goes and keep everyone up to speed.  

You're correct that applying 4 extra payments of $3000 with the HELOC will rapidly speed up the payoff.

Otherwise you are going to be at the mercy of getting information when the sponsor deems fit - anytime something like this happens - does not matter who the sponsor is you need to have an attorney on speed dial and get them involved and advising what to do and make sure you are agressive not passiveI have seen someone who was afraid to file a lawsuit end up at the back of the line and if they would have taken everyone’s advice they would have gotten close to their $250k back but instead they got zero. 

Private money lending bridges the gap between speed and flexibility for investors while offering lenders a secure way to grow their returns.

Having one can definitely speed up your process, especially when considering a HELOC or bringing on investors.

I have done a lot of research the last few months and have gotten myself up to speed pretty well so I'm not looking for a lot of free knowledge from a realtor.

@Tyler Jahnke Great post and analysis, been talking with Morris Invest myself and having some of the same questions when it comes to response speed etc.