I was able to take the equity I had (roughly $25K) and pay on another project and then the remaining money ($25K) pay down my mortgage to be the same amount as the purchasor's note.

I was able to take the equity I had (roughly $25K) and pay on another project and then the remaining money ($25K) pay down my mortgage to be the same amount as the purchasor's note.

That is an illusion it is and remains LUCK!

He was hoping to remain in the park so as part of the deal I offered him a Life-hold Lease Agreement.

Of the remaining options, the bedroom near the kitchen would be preferable. 

However, remaining as long term stock investor may be a better option.Any thoughts?

Hi y’all, I have a question about firing/cutting ties with a Buyers agent.

If you do the cash out, you should be able to get around 70-75% LTV, and then you can get a HELOC for probably 90-100% of the remaining LTV. 

The thing with HELOCs is that, unless the borrower requests in writing that the line be closed, it will remain an open line of credit regardless of the payoff.

You need to stay away from people in these situations.....if you’re lucky, you’ll just tie up someone’s property for months preventing a Real buyer from buying it,, not be able to flip it, then the owner has no time to avoid foreclosure.