What was the outcome?

I would underwrite a higher interest rate, unless you have already made this connection with a lender.Your potential outcome with the HELOC and conventional loan route will be based on your credit score, DTI, the appraisal, and all the other documents lenders require now with minimum 2 years of records.

But you're going to be trading time for that money.

@Jerryll Noorden wow this is great I will definitely have this all saved in my documents as a daily reminder I appreciate you for being thorough and giving me a better explanation I will start to change my approach and move towards a better outcome thank you!!

What was the outcome?

What was the outcome?

Often the best outcome depends on the note itself.

Anyone have a good contractor or trades recommendations?

Were you able to get any answers, if so what was the outcome. 

And unfortunately that risk is very hard to calculate and compare to publicly traded securities.