Me and my wife currently have a sonyma fha loan.I have no other dti except for my mortgage payment.

I just sent you a private message.

Need some advice.I do some small private money lending to home flippers.

It's a big upgrade from say camping in a lean to on hiking trails.Side question for me personally - do you have a mortgage on this property?

An empty condo can be a financial drain with HOA fees, utilities, and mortgage payments stacking up.

Sounds like you are happy with the answers but here is something else to consider: NJ is a judicial foreclosure state so timeline to foreclose is multiple months at a minimum and could even be over a year depending on the tools you have.Is your lender a big institution or a smaller private lender?

Additionally, in the past six months, I’ve reviewed about 45 multifamily properties (ranging from 10 to 80 units) for my real estate private equity firm.

This is going to bring my mortgage payments to around $2.3k per month. 

Your experience in estimating, accounting, and working with large-scale projects is really valuable, and I’d love to learn more from you.Would you be open to a private conversation?

Mortgage + 20% down