It is not intended for stopping a legal proceeding because you may have made a bad business decision. 

If I am incorrect, you probably need to pay the mortgage anyways since they can now foreclosure since the property isn't owned by a veteran anymore the SCRA shouldn't apply and even if the lender doesn't realize it it won't apply forever and you'll eventually need to pay it PLUS the amount is rising with interest, fees etc.

Tough decision for me.

You want an accountant who can help you strategize and who is responsive when you want to know the consequences of the financial decisions you are making throughout the year.Good luck.

ThanksHi Brelyn -FTF will certainly work with new rehabbers (though keep in mind that this is crowdfunding, so the people who are making the final investment decisions are not FTF employees -- they are people who invest on the platform). 

Stay Informed and InvolvedWe believe that by following these steps and staying informed, you can navigate the process withconfidence and make informed decisions that will benefit you for years to come.

. - A lot of your decision will come down to your personal risk tolerance.

I see, that makes sense, likely need more details to make a decision.

Owner occupied only.Hey Caroline, I don't know where you heard about the $5,500 fee but that's incorrect.

Remember to thoroughly research any potential deals and always conduct due diligence before making investment decisions.