In Canada you can typically prepay whenever you wish and, provided you do not exceed the annual "prepayment limit" under the conditions of the note, you will suffer no penalty.

@Andrew M. yeah, if you opened a HELOC while you opened while living there then it's likely that they don't want to extend that current product.  

There is no way to Avoid burnt out land lord obviously not every one will suffer from that.. its just TTT and what it is..

They are suffering from their own stupidity, being "over-leveraged", and the investor from greed/fear inducing a good old fashioned Bank RUN on them, which they don't of course have the funds to pay out without bankrupting themselves.

I have offered to show some newer RE investors the pre rehab on Dec 1 and will extend the offer to you.  

It might extend your LOC payoff by a month or 2.

Use extended closing periods or additional earnest to buy more time for your old property to sell if you need.The last option is what's called a reverse exchange.

The sellers were under agreement with another buyer who pulled out when Helene came through (even though the restaurant suffered no damage), so they are looking to close quickly (end of year) and retire.

He can extend an additional loan to the borrower, especially if the borrower has additional collateral to put up.  

My entire extended family is military.