Can he do a HELOC, max it out, then refinance the outstanding loan balance so that it is no longer a cash-out refi? 

I understand the Raleigh area is hot / competitive, so open to branching out into surrounding communities to find good investments.I'm planning to attend some TREIA meetings, but in the meantime, would appreciate any referrals to outstanding brokers. 

You can then guesstimate what the outstanding balance should be now if all the payments have been made on schedule.

Not sure exactly but its a HUGE difference between what has been customary in that market.Thanks Jay,We are expanding nationwide and I'm super excited about our model.Our agents get 100% commissions for only $199 per month and we will also offer value rather than just being a licensing warehouse like some of the other 100% commission brokers.I'm happy to chat to anyone that wants more details.Much success

Although I could have kept the $4,500 as an outstanding balance on the PLOC (at 4.75%) and pay that down with the monthly net cash flow, I decided to just pay that out of pocket get the PLOC back to zero outstanding balance.

I have asked for a statement of the fines and outstanding charges, but I got a feeling they are brushing me off.

Outstanding school district.

This is a  Nationwide  Home Inspectors Association and is generally a reliable source.Many if not most of these inspectors are past or present licensed general or specialty trade contractors with years of experience and unblemished records in their fields.

It appears the Lender has visited the property, secured it, etc. however I can find no record of any legal actions (Lis Pendens notices, etc) outstanding.

For whatever it's worth, I wouldn't too much through "when the appreciation slows down in Seattle" as it's anyone's guess when that will happen and if it will be local or a nationwide slow down.