Bottom line all private and HML ers are free to change the terms at anytime .. they are not regulated federally like conventional lenders.

Feel free to message me about short term rental management.

So I have to transfer it to the savings account first, then wire it from the savings account.Your best bet to get a definitive answer is to call the bank that has your heloc and ask if they can provide cashiers checks and wire transfers from it or not.

Feel free to reach out for any additional information.You and your wife are on the right track.  

Make sure you have someone you trust running the numbers with you, and if that someone is a mentor or person that is very busy offer to bring them deals, pay them for their time, or bring some type of value to them (work for free on other things they are not good at and you are). 

@Juan MoraIf that is what it was, it wouldn't be horrible... but I'm willing to bet it won't be that:First off, you are betting you can get the house down to $450,000.  

If you have any questions or concerns, please feel free to contact me.

Plus I get 25 free domestic wires a month.

https://www.wbaltv.com/article/baltimore-city-selling-vacant...https://www.wbaltv.com/article/baltimore-city-selling-vacant...These are suckers bets in the vast majority of cases the cost to renovate exceeds the value of the property, that’s why no one wants them and the city has to sell them for $1

Attend your local REI meetups, build up a strong network, and feel free to reach out and connect with everyone in the community.