I have the opportunity to help finance a short term funding need for an investment I am an equity owner in.

I'm originally from Vermont, born and raised, and moved to Texas back in 9/2009. 

You are putting your money where you mouth is, but sooner than you think you will have to enter the ego abyss and true look in the mirror moment of what all real estate investors face.... and raise money. 

Keep reading below for the tl;dr version.I'm a Texas native, born and raised in the panhandle.

Basically, its an auction type of sale, the winning bidder has to have funds right then in cashier checks.

When you cash out, the funds from the new mortgage will be used to pay off your current first and second mortgage and cover your closing costs so your HELOC would be closed.

.- That's why I was thinking about 'cashing' out until the next correction and then using the funds to get back in....

At the moment these are the only strategies I know of that  can potentially allow me to generate quick funds so that I can get into other kinds of deals.I'm hoping other experienced investors can share experiences and insights to these concepts and guide me in the right direction.

I am 80% sure I will be able to get the house for $450k and have the funds to get that.

I revommend going with one that you feel comfortable with and that operates as close to a traditional lender as possible, as they are unlikely to fund anything that is too risky.