You have to follow the rules as well.It is a delicate balancing act.

At the end of the project, the net balance will be distributed per the contribution percentages. 

You may be able to lock in a fixed 30-year mortgage and repay that balance over a longer period.This is a great question to ask your lender since they will help you find the best fit for you.Good luck with all your future REI ventures!

what I get and others get maybe different ...  1 and 8 is CA..  2 and 9 is good.. but it sure beats  the 4 and 14 days.. or in my day 5 and 15. remember too depends on the size of the loan.. small balance loans rates are far higher than bigger balance loans. you cant stay in business at 2 and 9 on a 100k loan.. you will starve to death

Would we just have to pay the remaining balance of the mortgage ($30K) upfront and then structure the financing at $130K instead of $160K.

After paying the mortgage balances, would you walk away with any money? 

The monthly payment on a HELOC at a $0 balance is... $0.

Imagine the offer is for $170K and you bought it in 2015 for $150K, put $20K down and have a mortgage for $130K and the current balance is $110K. 

And I can break that down to specific neighborhoods with details of houses, price, size, amenities, # of bedrooms, assessed values, original morgage balances and rate, how long the owner lived there, when it was purchased last. 

When the owner makes a capital improvement, they submit the paid invoice, copy of both sides of the check used for payment, and a lien release (if required) to the lender and they reimburse the owner / borrower for the capital expenditure.When the property is sold, the lender liquidates the unused balance in the reserve account to the seller / borrower.