I'm working with the owner of an almost 100 year old small (<900 sq. ft) craftsman bungalow with small rooms typical of a home of this vintage. The house is now vacant and in need of renovation (bathroom and kitche...

., if you can pay down HELOCs that quickly, it doesn't really matter much imho.

Is paying off loan quickly a bad idea?  

If they are professional, they can explain this quickly and easily.

Keep reading the forums and do quick google searches of some of the terms that you don't know.

Because they buy like wholesalers but actually have cash and can close quickly, yes I think they will take business from wholesalers.I'm glad to see that motivated sellers have another option.

If you pay off the loan quickly, as in a fix and flip, the loan originator may get penalized for the early pay off. 

While 6,264 calls were placed over the seven-day period, 72% were very quick calls due to non-answers and non-working phone numbers.

At any rate, when I finally found a 'good deal', my wife said she was 'fed up' with hearing me lose out on so many properties and she encouraged me to purchase the property for a higher price (to win the bid I mean). 

There is more, but some quick ones.