TY Have to stay within the boundaries of your contract, if seller elects to terminate because you have exhausted the allotted time and does not want to extend, you do risk termination, simply paying cash and then refi will be simple, you can also HELOC it and not pay any fees later : - you have options it sounds like

I have run into a mental block...I think what may be happening is I am getting a HELOC and a cash-out refinance confused..let's say property #1 was bought for 55k via traditional 30-year ARM (primary residence) the home is then lived in, rehabbed, let's say that takes a year or so, property is appraised at 90k, a couple banks details on their websites state that they offer 65-75% LTV for cash-out refi of primary residence...says nothing about how much you owe on it, but then when I look at the details of the HELOC it's 90,000(home's value)X .9  -MINUS- amount owed on mortgage.

I was at my limit of what I could do mentally and I have no (well okay just a little) regrets on waiting until now.   

Don’t fall for the get rich quick mentality, the “gurus” and social media “ballers” make it look a lot easier than it really is.

I was looking for part time jobs/entry level jobs with low mental energy requirements (proof of paycheck for the FHA loan) while working on student housing.

My guess would be that she is mentally unstable, not uncommon for S8, so be prepared.

But the main problem is her 89 year old husband is not in good shape mentally.

Wholesaling requires A LOT out of you both mentally and physically.

I would owe 5.25% on lets say $60k from investor that would be a new payment of $263 a month.I will leave my thoughts there as I am getting mentally winded here...I know there a LOT of "If's" in everything I suggested.

With the starting point mentality, you don't want to offer your best price.