A person with a reasonable full time job is typically a more responsible adult and has to act in a professional manner for their job. 

Each option has its pros and cons that can impact your investment strategy and overall success.HELOC (Home Equity Line of Credit)Pros:Lower Interest Rates: HELOCs typically offer lower interest rates compared to hard money loans.Flexible Terms: You only pay interest on the amount you draw, providing flexibility in how much you borrow and when.Revolving Credit: As you pay down the principal, the available credit replenishes, allowing you to use it for multiple projects.Longer Repayment Periods: HELOCs often have longer repayment periods, which can make managing payments easier.Cons:Qualification Requirements: HELOCs require good credit and sufficient equity in your primary residence.Secured by Your Home: Your primary residence is collateral, which means a default could risk your home.Variable Interest Rates: HELOCs often have variable rates, which can increase over time.Hard Money LoanPros:Easier Qualification: Hard money lenders focus more on the property’s value and potential rather than your credit score.Speed of Funding: Hard money loans can be approved and funded quickly, which is beneficial in competitive markets.Flexible Use: These loans are designed for real estate investments, making them suitable for purchase and renovation costs.Cons:Higher Interest Rates: Hard money loans typically have higher interest rates and fees compared to HELOCs.Short-Term Loans: They usually come with short repayment terms (often 12-24 months), requiring a quick turnaround on your project.High Fees: Origination fees and other costs can add up, increasing your overall project expenses.For a BRRRR strategy, a HELOC might be the better option if you qualify and have sufficient equity in your primary residence.

Quote from @Zachary Jensen: Quote from @Bernard Golden: Looking for recommendations for a time tracking app suitable for real estate professional status qualification.

Great job, you just told a potential seller in distress that they can't provide for their family.

I would advise making sure you provide only the most necessary information to your loan officer.

Hi Kyle, Welcome to the community- There are a lot of good professionals and resources here on bigger pockets to learn and grow. 

Hi Don, Welcome to the community- There are a lot of good professionals and resources here on bigger pockets to learn and grow. 

Lender calling the note due is a risk, but done the right way and guided by an experienced professional the risk can be minimized. 

So, acquiring the property for a $2,100 cost with potential earnings of $2,900 is acceptable in your evaluation, provided there is sufficient financial backing to cushion any potential setbacks.Thank you, Frank! 

I provided and they reversed the cancellation and unfroze the account immediately.