Wherever the loan is coming from it is still a loan that accrues interest.

So if you do just #4, make sure your cash is in some rolling balance that accrues the 4-5% HYSA or tbill or fixed income to mitigate the loss spread of your debt servicing rate + negative cash flow versus your apy. 

Your preferred return will continue to accrue and will be paid at the next capital event, or when cash flow allows.

If they do not, the tax commissioner is allowed to sell the lien to a private investor.  3) When the lien is sold to an investor, the county gets 100% of the amount owed at the time of the sale, and the investor gets the right to collect the unpaid debt, plus future interest and fees that continue to accrue.  

You then estimate accrued interest, add some more for fees, a few thousand for foreclosure fees, a few thousand for force placed insurance,check to see if the lender paid taxes, etc.5- the hoa fees can be hard to estimate also.

Tying up the property with no payment being made and property taxes accruing for 2 years is not uncommon.  

For example, 7.5%.3) The difference between the 7.5% and what the actual rate would be (3.75% + SOFR = 9.33% - 7.5% = 1.83%) is then accrued for the lender and collected on the backend, before LPs receive any principal.Counterintuitive but lenders are more likely to modify into the terms above if there's no common equity left than they are if common equity remains.

She will get each beneficiary to sign off on allowing this to happen, lessening their inheritance cash-wise but keeping the family in a home.My idea is that the trustee daughter could purchase the home, but could do so instead through a sort of owner-financing where the Trust finances the asset to her directly rather than buying it in full at great cost and taking out a mortgage on an already paid for property:- Property is in Trust and is fully paid off,- Trust finances the property to Trustee for closer to market value, and payment can still be set at 1500- No/less down payment required- Any interest rate, maybe 0- Tenant family makes rent payment of 1500, which pays off the property and pays into Trust- Beneficiaries' % share accrues gradually as payments are made- Set future balloon payment if necessary (if Balance required at a certain time, for college, etc.)This would decrease the out-of-pocket cost for the Trustee purchaser, and increase the amount that each beneficiary will receive (eventually).I have no Trust experience, though, and I'm hoping to hear from the experts.

I comforted myself that the late fees I accrued were a fair trade off and I looked the other way.

This means as soon as you close on the property you start accruing rent whether a tenant is in place or not.