I applied to other banks also.

I was told I could refinance my house (no cash out) and then apply for a HELOC.

Better to just follow what all the other sheep are doing without bothering to apply any rational thought. 

The most helpful book I’ve read so far has been Never Split the difference by Chris Voss, not real estate specific, but I applied it to REI as well as my job, and it was huge on my last offer.

I'm assuming the same applies in other states.

1st lien holder needs to apply for surplus with the clerk of court.

I've read other posts about it which makes me think it only applied to refinancing or cashing out of a property you just purchased.  

I am looking to invest in my first - hopefully of many - Short Term Vacation Rental along the east coast (North Carolina, South Carolina, Georgia, and Florida).I've found through research that STR Regulations are inevitable due to pressure applied from large hotel corporations.

@Jeff George Even if the mortgage doesn’t show up on your credit report, when you apply for the next mortgage the lender will likely have you fill out a form called “Schedule of Real Estate Owned”.

The repayment terms for a 401k participant loan are equal monthly/quarterly payments of principal and interest (typically prime plus 1%) over a 5 year term (longer if used to acquire your principal residence).Please note that if you take a full $50,000 and then pay back the loan, you can't take another $50,000 until 12 months after the first loan was fully paid back.Per the loan offset rules that went into effect with the 2018 Tax and Job Act: if you leave your job and the loan is current at the time you leave your job but then the loan goes into default because you left your job, you will have until your tax return deadline (including any timely filed extension) to make the loan current by depositing the outstanding balance into an IRA (and thereby avoid the taxes and penalties that would otherwise apply).Please keep in mind the multiple loan rules:Under those rules, the sum of the balances of a participant's outstanding 401k loans under a single 401k plan (using the highest outstanding balance of each loan over the last 12 months) can't exceed 50% or $50,000 whichever is less.