It's called a payoff statementif it's a big lender you will not buy the loan as it will take forever, you are better just paying it off. you then can foreclose based on the total balance owed to you which is both loans and any accrued interest. regarding fixing property or selling as is, that really depends and needs to be evaluated on a case by case basis 

Since the last time I was online, I have grown the investing to fix and flipping and a portfolio of 4 properties that are producing passive income.  

Investment Info:Single-family residence fix & flip investment.

Doorloop is great - they had a moment about a year ago where they sucked, but they fixed everything for the most part.

Definitely focusing on offmarket or even on market multifamily homes (minimum 4 units). started off in real estate development last 2 years but the paydays are brutal building then waiting to sell.So now looking to switch up strategies to purchase cashflowing properties and then get back to ground up construction or even possible fix and flips. 

Here's my take on the decision:First, let’s look at the pros and cons of paying off your current short-term rental (STR):Paying Off Your STRPros:-You Eliminates your largest fixed expense (the mortgage), which increases your cash flow significantly.

You could also buy a single family property that you can either fix and flip or house hack.

Once you find that company then you have to make sure that your business model aligns with theirs It is very important that you make sure you take the time to interview and have candid conversations with a PM company.

Hi everyone I'm new to the Dallas County investment sceneI'm sure there are a lot of serious investors here in BP with experience who would gladly help with mapping the area to know which neighborhoods match the strategy.I focused on two main strategies- Fix and Flip and BRRRRso cash flow and appreciation need to work together.appreciate your insights and helpgod bless you all

Is it best to simply increase rent by a fixed amount (e.g., $700) to cover this, or are there other strategies for handling utilities in this situation?