Everybody is correct in saying the interest rate for the HELOC will be higher than the refinance, but the great thing bout a HELOC is you are only charged interest on the amount you draw out.

After holding costs, closing costs, appraisals, rehab draws and other misc fees, that is extremely tight!

Include video walk-through and drawings in your ad.

Additional costs on 203k's include but not limited to:extra origination fee (part of closing costs)203k consultant WWU/SOR/Inspection fee (paid at time of service)Inspection/Draw fees (added to loan amount)Title update fees (added to loan amount)contingency reserve based on rehab costs (added to loan amount)etc. 

Gomez racked up Instagram likes over the weekend when he presented his fiancée with a diamond and pearl engagement ring (with a pearl possibly repurposed from her grandfather’s tie pin).

@Andrew Bissada in addition to down payment pin rate can be impacted by credit score, how many borrowers are on the loan, which Mortgage insurance company is selected, and can even depend on lender as you can see negotiated coverages.

You can tell someone the size, but don't draw any conclusions beyond that.

If you know the business plan inside and out, and can draw comparisons to other options while making a case why yours makes sense, you shouldn't have any trouble.  

These could be other platforms you try and draw attention from.

HUD-1 only shows the amount used to pay off 1st mortgage and 2nd mortgage (HELOC) but not the data of fund drawing from HELOC.