For a quick turnaround during the holidays, that rate might reflect premium timing.

i have a HELOC myself, but if i use it it's for something short term and then paid back quickly. 

While we don’t have state income tax here we do have the hurricane tax that comes with high insurance premiums and little real insurance benefits/help when it’s needed.

A HELOC is a short term debt instrument.

Hard money is short term and expensive.  

We remedied the situaiton by installing 1 mini-split on the lower level.At another ranch house with boiler heat, which the previous owner had updated with a newer high efficiency unit shortly before our purchase, we added central air with the entire unit and all the ductwork in the attic. 

Many times, when i replace a water heater and take a look into some of the short pipes that connect, they are approx 80 percent closed. 

Hello Joshua, we invest in West Texas area, all short-term rentals (4 1/2 years experience).

Assuming these are for short-term loans, such as for flips, @Keith Groshans, you could do what we do and let the borrower keep the money and pay everything when they sell the property.

Turns out, the right marketing found renters who appreciated the quality and were willing to pay a premium.