We paid ours off when our balance was $125k, but on a 15 so payments were fairly high at $1732 PI.

I have 2 reliable handymen.

Are you aiming to lower your monthly payment, shorten the loan term, or switch from an adjustable rate to a fixed rate?

You then draw your HELOC balance as the down payment for the flip.  

Before you ask, No, they will not make any back payments.

It's under Menu, right below Payments.

Because if you make good money and always have a source of funds for emergencies then you can use the money immediately if you have enough for a down payment on another property or put it in a high yield savings account or treasuries for a low risk return with good liquidity.

Slightly larger rent payment? 

Quote from @Deborah Wodell: Hey everyone,When it comes to fix-and-flip projects, the down payment and closing costs can add up quickly.

they probably have a bunch of 3% nonconforming loans on their balance sheet so 5.5% is not bad, totally reliable payments, plus in a legal battle they'd likely find the power of attorney didn't extend to the ridiculous term and that there was no breach of any enforceable agreement.