It was a hybrid between a HELOC and an equity loan but I wound up refinancing to a larger amount with fixed rate conventional loan (to pay for a renovation).

It will depend on what the contract says.

Borrower contact information (name, address, phone number, email) Loan details (account number, loan amount, outstanding balance, interest rate, payment history) Copies of loan documents Borrower Notice: The original lender should notify the borrower about the transfer and the information being shared with the new servicer.

But if you have it financed at 80% LTV you have achieved 4x return of the inflation rate.

Depending on how long they are giving you to close - you may be able to go the hard money route.

It depends on the HOA and other expenses along with your down payment though.

I don’t want to lose my mort rate.

Now is a solid time to start strategizing your plan of attack before rates go down and AZ turns into a madhouse again. 

I'm willing to bet if rates went down significantly than getting this property under contract would have had even more competition.

My first move would probably be house hacking a single family or multi family home, depending on what is in the market for me.