Didn't know if a heloc was better as it works as a line of credit?

After a more careful review of the PMA I do see a line item that references termination of either party.

Good morning fellow BiggerPockets,I just received a final term sheet from Acqua Funding with a line item called Capital Markets Fee of $2250.

Can definitely get a line of credit upto 85% going full doc 

If an emergency happens, why not look into getting a line of credit set up now, so you have access to that money? 

This is still second position, but will be a lump-sum loan with a fixed rate vs. a line of credit with a variable rate.

Don't need a line of home equality credit.  

I don't believe me or my wife's income will be able to cover a full 80-90% LTV line of that amount but I want to be able to get a line as close as possible.Is there currently an institution that is recommended or any that should be avoided?

Contractors cannot feed me a line of bull about what something is going to cost and how long it should take, because I have done the work myself for years.

Mainly, because structural issues can be a complete black hole of money, time, effort--and it can be very difficult (and costly) to anticipate just how much money, time, and effort they'll consume.First, you'll need to figure out what's causing the structural issues--it could be settlement at the footers caused by ground water, it could be wood rot or termites in a beam, it could be masonry degradation caused by water coming off the roof, it could be improper drainage of the roof, it could be tree roots degrading the foundation, it could be a plumber who cut out a critical joist to install a line 20 years ago, it could be improper construction, it could be any or all of those things, and it could be any number of other potential causes.