It sounds like the option some lenders offer to lock the rate of an outstanding balance on the HELOC.

It might be different in Bumbletucky. 2) Let's follow the logic to its end point...there's a market crash or correction in the banking or real estate markets, universally, nationwide.

This is poor and toxic behavior imo  the fact is though, that S8 are just people no different than anyone else, some are wasting air while most are outstanding humans.

Per the foreclosure records the bank foreclosed on the property as it had an outstanding mortgage of $186k.

It appears the bank simply winterized the house, but later the water company shut off from the outside due to an outstanding balance of 154.

Total operating income is $8,600 per month so even if I borrowed the full 900k it would still produce an outstanding cash flow (for the Maui market - which also has a huge added incentive of having a very high chance of appreciating).

The key is that the builder is a known brand and stable to finish out the development even if an economic slow down happens nationwide.

DC police have a starting salary that is right about the median salary nationwide for the industry.

We look at the property's deed and any outstanding mortgages through the online property records system of the county.

Their equity would be only whatever the outstanding balance of me funneling the profit back to them until paid off (just in case I sell the house before paying them back).