Also, I see outstanding balances on the foreclosure records.. :/ Maybe I'm not getting how that works?

Likewise on the amortization schedule that the two loans don't ever cross as to outstanding balances.If there is no pre-payment penalty on the underlying loan I'd take the $20,000 DP and start doubling up on mortgage payments, etc. and reduce the principal on the loan quickly.

Even if remains they returned the note making the DOT ineffective, it only secures the outstanding amounts owing, if you owe nothing, it secures nothing.

What's the outstanding loan amount?

He owns the property outright, but has a line of credit on his home that he used to purchase it and has $128k outstanding on that.

I sort of stumbled into my Detroit property without actively looking for it.Still have a lot to learn and this is an outstanding place to do so.

But, if you do VRBO, you'd better have the best unit and make sure it is away from the highway.3.

Another benefit I see in this is if I do come across an outstanding deal, I can get it without paying wholesale/assignment fees because I, myself found the deal, and take that deal fix and hold it for an awesome rental property with big cash flow.

No outstanding loan.

Jeremy,I just did the opposite, I just left cincy for michigan.My suggestion is to join the cincy REIA, they are outstanding.