Each bank or credit union extends HELOCs to whomever they wish, under whatever criteria they wish.

Some vendors (e.g. building material suppliers) sometimes extend credit as well, and some of them can help you build credit as well. 

I will also extend that "free" invitation to David, Michael, Kevin and Alan, if you wish.So let me address a few of the other issues and then address the original post.1.

I personally believe the last one is the worse and with all protection from banks/government, we might be extending the cycle from 7 years to 10-12.

I was a nervous wreck because we were about a week out from the closing date set forth in the contract and I didn’t know if the seller would allow us to extend the date.About two days after learning of the shared driveway agreement, the closing department inquired about my down payment source.

In 2010, my parents and mortgage note holder extended an additional 3 years with another ballon payment due and kept the same rate 8%.

However, the "guest houses" that I know of are either used as offices or are actually used for extended family or friends.

I was not aware of the BART being extended out to Fresno that would be a game changer. 

Fully rented at this time, two leases up but already asked to extend.

The current tenant has 2 years left on the lease and part of our purchase agreement is, if the tenant does not extend another 5 years or more the seller will have to buy back our property, if we choose to sell it back.Here is where I need the advice.