My partner and I don't get a cut of any of the money invested, it's a flat-fee membership club.

You can't pull money out if there is no equity.

However, if you intend to work with a hard money lender or utilize a short-term loan product, you're on the clock for repayment, which can be stressful if things go sideways. 

He likely needs to stay where he is, save up money for a downpayment on his own, and buy when HE is ready.He's not ready. 

For now, we recommend using the 3rd parties listed in the below post.The beginning of the year is a perfect opportunity to get even with all those contractors who worked for you during 2023: report them to the almighty IRS and make them pay taxes on the money they received from you.

Keep in mind it is a risk and speculation, if something happens(market tanks, job loss, etc) then you will be out money.

.## Financing OptionsFor Hard Money and Private Lender financing, it's crucial to build relationships with local lenders.

Making money and keeping money are not the same thing. 

Does this strategy utilizing HELOC really work on saving money and paying off mortgages much quicker?  

We all assume this isn’t a house you’d buy with your own money.