It feels really unethical.Your comment: "I got a call from my attorney"I'm curious, since you have legal representation that you are presumably paying for, why are you asking people you don't know, who aren't there, haven't seen the paperwork, don't know the local laws or the situation, instead of asking your attorney?

From what Ive seen looking the home equity and heloc are similar if you get a fixed rate heloc if not your probably paying more in interest.

However, bc of the losses, mortgage companies don't want to touch me when I am fully able to pay the mortgage.

You always get what you pay for...or less.Full service brokers should be experts who will maximize your real estate value through pricing, negotiation and terms.Discount brokers charge too much for too little value.

., overall portfolio stability or income growth).Be cautious when setting pay expectations.

If the goal is to become a full-time flipper/contractor, then doing tighter jobs can help build momentum for a business, that will pay dividends well beyond just the specific house, itself.  

I’m open to paying the $20K to bring the mortgage current, but I want to ensure my position is protected.If the deal falls through, how can I secure my $20K so I’m not left out of pocket?

My worry is that since he has built a 16 year track record of always paying his pref and returning capital on time, that he is now overleveraging.Does anyone share this concern?

Maybe that is why the old owner didn't pay their taxes?

This may not seem like a big issue, but if you're paying for premium data, like I am, it can drive up your cost per deal drastically.I switched to REI Reply last year and can send off over 2000 texts in one drop.