This would end up defeating the purpose of a house hack as it would cost a ton and bring many hours of work.

The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood; who strives valiantly; who errs, who comes short again and again, because there is no effort without error and shortcoming; but who does actually strive to do the deeds; who knows great enthusiasms, the great devotions; who spends himself in a worthy cause; who at the best knows in the end the triumph of high achievement, and who at the worst, if he fails, at least fails while daring greatly, so that his place shall never be with those cold and timid souls who neither know victory nor defeat.”Good luck!

When she sounds defeated over the phone, I want to help even more.

The only exception would be if you give the bank another property as security or any other collateral in the bank's country, which would completely defeat the purpose.

We're a bit defeated because it is quite urgent! 

You can get a loan in the US to build in Mexico but you'll have to provide collateral in the US, which defeats the purpose (if you do that, you can use the money from pretty much anything as the bank doesn't care).

I have enough assets to purchase my target US properties in full cash, but that would significantly reduce my purchasing power and defeats the core benefit of any RE investment, leverage.Your opinions are appreciated, thank you.Scott

In either case, since the HELOC lender is recorded prior to the mtg being foreclosed the lender is neither a necessary nor proper party to the foreclosure since it has priority of record.In this kind of situation, where the third lender's money went to pay off the first lender's money I frequently used a theory called equitable subrogation to defeat the priority of the second lender. 

The last thing you want is for people to stand around doing nothing.Both Tyson and Holyfield were right, plans shouldn’t survive the first punch in the mouth but you need one in the first place to be able to adapt it for changes in reality…“Victorious warriors win first and then go to war, while defeated warriors go to war first then seek to win” Sun Tzu, the Art of War.So, be like Holyfield, put a plan together in sufficient detail to “win first” but ensure you can adapt this plan so that one “punch in the mouth” does not result in defeat.

They also know that once that happened, the renters would all be forced out into the street anyway, defeating the whole point of "canceling rent."