Make sure it explicitly explains the process for termination if you are unhappy with their services, but especially if they violate the terms of your agreement.3.

That is a big reason (not the only one, clearing note obligations in order to generate more loans is the major one) that most mortgages are offloaded to fannie/freddie/others, and the bank just acts as the servicing arm.

In some cases people decide not to do a cash out because the rate on the first is extremely low but even in those cases cash may be the wiser choice.Here are some issues with a HELOC - They are a liability, open end mortgage (basically a credit card) - They carry a ARM or Fixed Term rate set for 3/5/7 years with generally a higher rate then what you could get on a 30 Year fixed currently (Especially for the lower loan amount under $80K) Yes - they can hurt your credit because again its a open end credit card so when the balance gets above 40% of the credit limit it will have an effect of the credit score.

The question I have is from what I am reading that I should get out of my rent situation and if all things are the same pay a mortgage that does not cost me an arm and a leg so I can leave the max amount for investing in real estate. 

It's like getting up in arms over whether a REIT like Camden owns 65,000 units or if their share holders really do.

Treat it as arms length - have a lease, collect rent, report rent on the taxes. 

The sale wouldn't be an arms length transaction and if the divorce attorneys caught wind of it there may be ramifications.

Having your listings stand above others - doorknock, offer high commission (.5 - 1% higher than competing listings), price to sell (~5% below the value of the property), call every active agent in the area to gather interest in the property before it goes live - this can help you build your agent network and help get you access to off-mkt inventory in the future, host broker open houses pre-listing, get an inflatable flailing arm tube-man and post outside of your open house - Cheesy, tacky, corny, whatever... but it stands out haha!

Depends on the terms and situation after the ARM is done.

They'll put you into an ARM loan, but you can refi out of it later.