You can't actually pay it off directly because they've been securitized, and the people who invested in those securities did so because of the specific certainty of the payment schedule.What you do in a defeasance is use the proceeds of the sale or the funds from your new lender to purchase treasury bonds that are packaged to make the exact payment amounts and timings on the remaining term of the loan, and then assign those bonds to your old lender.

Message me for referral link if interested.)

I'm interested in doing more HUD-VASH deals, and Sacramento is a market I’ve been exploring.

I'm interested in this property basically for the upswing I think is coming.

We are looking to buy 900 houses across the Southeast from Texas to Alabama.

Quote from @Mark Taggart-Perez: @Russell Brazil thanks for the reply!

Are you interested in selling the trucking company? 

As you're just starting out in Austin, focus on learning the local market, particularly areas with good rental demand and lower entry prices.

Decided to pull the trigger finally in RE investing, taking advantage of interest rates and some on hand cash.

This is an Interest only loan product that typically lends at 65% ARV.