I will lever it lightly with assumable debt, or not at all, and keep this conservatism going until cap rates are ~100bps above interest rates on property of reasonable quality and nearby where I live and operate my business.If that happens next year, I’ll cash out refi to a moderate debt level and buy!

This is for the people who say "just pay extra to the mortgage".  2)  If you want to make the interest savings the same while keeping the mortgage you need to zero your bank account and take out a personal loan, CC debt, or a second position HELOC as you said a couple posts ago. 

If you've done a cash-out refinance this year, what did you use the money for—home improvements, paying off debt, or something else?

I make about 200k a year with no debt or living expenses.

The WIFE would be the DEBTOR responsible to make the I/O payments of $8,312.50 each month and the future balloon payment due of $1,1425,000Q- How does the Husband get his funds out to complete the Divorce?

The exception is a reverse mortgage which have breach terms that include death of last debtor on title or a surviving spouse.From a practical standpoint, mortgage lenders and their loan servicers are not looking for a reason to accelerate (call loan all due) but may be triggered by poor admin practices of sub-2 buyer.

(a) Where real estate, or any interest therein, is sold the same may be redeemed by:(1) Any debtor, including any surety or guarantor.(2) Any mortgagor, even if such mortgagor is not personally liable for payment of a debt.(3) Any junior mortgagee, or its transferee.(4) Judgment creditor, or its transferee.(5) Any transferee of the interests of the debtor or mortgagor, either before or after the sale.

I asked two different loan officers (one at a credit union and one for a conforming mortgage loan), and they both said that if you're not borrowing from the heloc, it doesn't increase your debt or your DTI ratio.  

What remained was that institutions could not enforce the due on sale clause under only 2 specific scenarios; (1) the “transfer” was from the debtor to a living trust he remains in total control of, and (2) the transfer is between two spouses as a result of a court order divorce decree. 

“Work” the note by offering a smaller discount for payoff to the debtor, or by enticing an increase in monthly payments for a decrease in interest rate, which should if structured correctly increase you yield.I have successfully used all these techniques and many others to enhance my returns.