HELOCS often time have variable interest rates so it’s best to refi out and into a 30 year low interest rate loan. 

Yes, the effects will be major and global (beyond what we are seeing with supply shortages as a result of COVID) but we haven't seen one yet...

Something to consider when doing a HELOC is that it has a variable interest rate. 

So limited supply and steady demand keeps inventory low and prices stable even in a downturn;)  

Wholesalers serve a purpose…They supply “rehabbers” with many times vacant run down houses that need a complete overhaul to bring back to market standards.

If your broker supplies the overhead, E&O insurance, training, etc they why would you expect them not to make a cut.

I did have two on a variable rate for over a year but with the movements in the bond market and the very slight difference in rates between variable and discounted five year rates in the last month or so I converted those to five year terms.

I often don't try to estimate variable expenses.

You are in a competitive market, so good luck ... but the good news is that supply and demand cuts both ways: that which is hard to buy is easy to sell or rent and tends to appreciate well over the long term.

Very cool.What I do know is that moving is expensive, besides size, and height, weight is also a variable in the costs of moving.