Cold-calling is all but a dead-art, but the principles remain. 

@Zac Gorski hopefully the renewal clearly states that all other terms and conditions remain.

Pref Rents are below "legal max" and can potentially remain there forever (or as long as that tenant exercises their legal right to renewals... allowable increases are based on the Pref rent as well.

Such situations really irk me, which is why I decided to look into this further (and assume I have the right case.)My feedback remains to speak to an attorney.

So if a loan has been in default for ten years, the earliest four may be uncollectable but the later six and the remaining balance are. 

. $160K and I have roughly 15 months remaining on the 5yr borrow period. 

Goal is to pay him for the house 20K ish have the mortgage for the remaining amount owed and not have to come up with 25% down for the mortgage. 

Lower Returns on Investment (ROI): With limited ability to raise rents, the potential for high returns diminishes, especially in markets with rising property prices or inflation.

Depending on the type of Heloc you get its interest only payment for the first 3, 5 or 10 years then the remaining time will be a payment of principal and interest. 

Augusta, GA’s housing market has remained strong and steady through the ups and downs nationwide due to our large military base, Ft.