Since you never know the exact date you will be paid off, it usually specifies the principal balance, any other charges, and the daily amount owed.

You can lock up to 5 outstanding balances on your HELOC.

My current work schedule makes attending local meet ups difficult but I would like to use vacation time to attend at least 2 meetups by the end of the semester.

@Jonathan Masiello @Daniel Dietz some investors get "loan sponsors" and compensate them with some ownership in the deal (also referred to as a balance sheet partner).

Kerri - thanks for the  post ...consider  2 steps :1)  refinancing the  FHA loan to a conventional loan  to  eliminate the  FHA mortgage insurance  ..the  note rate might be  slightly higher than your present 3.875%  rate  but the  removal of the  FHA MIP  will likely leave you with a significantly lower  payment  that you have now  .2) use a  HELOC ( home equity line of  credit )  to  payoff  whatever  other  debts  need to be consolidated .....the  required payment on these  are  " interest only " payments so try to make a  larger than  required payment so the line balance can  decrease ......rates  are in the  5-7%  range ....interest paid  no longer can be written off  .......most lenders  will  go to a 90% cltv ( combined loan to value ) level on these  ( as long as you qualify)

If you are Buying stabilized property I would suggest really looking at the Freddie Mac Non Recourse small balance loan.

Why not just write a note for a $310k loan and have them send you $304k instead (and roll in the $6k into the loan balance)? 

I have reached a "critical mass", making it difficult for me to continue to scale without delegating work out.I began by hiring out lawn care/snow removal a few years ago, and found a great reliable guy who, sadly, closed his side hustle landscaping business a year ago.  

But you might be right, it would be difficult to make 1% difference out of it. 

Buy the properties subject to the sellers loans staying in place and have the sellers carry a 2nd mortgage for the balance minus what you agree on for a down payment.