I've also had to stay on them every month to maintain the yard work (kept getting HOA letters with heavy fines accruing every month.

We feel that we gave him options, and we are afraid that he won’t be able to pay the money owed at the end of the moratorium either since all the balance is going to accrue and we might end up going to court or collections which we don’t want to do.

Also I did look into my options and my mortgage company is offering a deferral for 3 months that will continue to accrue interest and then on August 1 the entire amount (4 months mortgage) will be due.   

During this time, your payments may be reduced or suspended, but the loan will continue to accrue interest.

This is a mortgage plan where you agree to bring your loan current over a certain time period.During this time, your payments may be reduced or suspended, but the loan will continue to accrue interest.

Also that requires SEC filing and compliance and the cost capital is accruing while you search for properties to buy.Make sure to discuss this with your account and attorney including an SEC attorney to ensure you're in compliance with state and federal laws.

After I have created a little breathing room, and can perhaps cut back to part time work, I would like to start ramping up and branching out into flips as a way to accrue capitol for larger multifamily units (2-4 units).

If you take the $15k out now you can quickly put that capital back into another deal faster than if you accrued the $100/mon cash flow for 12+ years.

He said he didn't need the money immediately, and would just essentially "loan me" the 100k and let it start accruing interest for the next year or two.

Just remember that while payments will be postponed, the interest on the loan will still accrue during the forbearance period.