The first remodels I was quite involved in myself and found some really good people for the different tasks: Mark Aschoff (Mark's Contracting LLC) does outstanding roofing work at a really good price, Alex Olmos did a great job with flooring and Fagen Tree and Chips were very nice people to work with for some branch/tree cleanups.

Pulliam Properties has developed many outstanding commercial, retail, office and industrial properties in Western North Carolina and has been instrumental in helping many major commercial companies to locate their facilities in the Asheville/Buncombe County area.An accomplished athlete, Rusty was named Western North Carolina’s high school baseball player of the year in 1976 and was later inducted into the Montreat College Sports Hall of Fame in 2002.he is a licensed real estate broker in both North and South Carolina, has served as a member of the Board of Directors for the Asheville Chamber of Commerce, first citizens Bank, Ralph Sexton ministries, and the YMCA.Will 2016 be a record year for commercial real estate investments in the Asheville area?

Pulliam Properties has developed many outstanding commercial, retail, office and industrial properties in Western North Carolina and has been instrumental in helping many major commercial companies to locate their facilities in the Asheville/Buncombe County area.An accomplished athlete, Rusty was named Western North Carolina’s high school baseball player of the year in 1976 and was later inducted into the Montreat College Sports Hall of Fame in 2002.he is a licensed real estate broker in both North and South Carolina, has served as a member of the Board of Directors for the Asheville Chamber of Commerce, first citizens Bank, Ralph Sexton ministries, and the YMCA.Will 2016 be a record year for commercial real estate investments in the Asheville area?

They could also require that you maintain collateral of at least X% of the outstanding balance of the loan.  

-will I be able to get finances with outstanding taxes owed on the property. 

I have tried to buy a property near downtown, especially around the USC-90007 area, because it is appreciating like crazy, plus the USC village will be outstanding and all the people working downtown that wants to live in a house 5-10 min from work will live there.

There are no "handicaps" that either of us have that would require the true need for the other to be involved...both have good W2 income, both have outstanding credit, no legal issues, etc.  

I'm hesitate to make this deal because of the out standing mortgage and I don't have the cash to pay it in full. 

There are no 'rules' that I know of, but just the reality of getting things moved/done/etc.....In my case, I missed an OUTSTANDING buy on a duplex since we did not have things set up yet, just at the 'almost ready point'.

@Steve Marshall Thank you for the outstanding advice.