Cash flow in San Diego, due to rent appreciation, has been outstanding.  

The buyer is responsible for performing all research necessary to determine outstanding debts or liens.

He has bad credit, and outstanding debts that he needs to pay (hints the loan for 12k).

I renamed it Tenant Invoice Not Paid because it lets me see how much money is still owed to me at any given time.Make sure you choose Accounts Receivable in the Account ColumnMake sure you enter the rental amount in the Debit ColumnMake sure you type in the tenant's name in the name columnSecond Line type in the bank name or choose it from the list because we are going to backout the money that bounced.Make sure you choose the Credit Column and type in the rental amountMake sure you choose the tenants name in the name columnStep 2:  Billing your tenant for NSF fees and Late FeesBecause we did a journal entry for the rent that bounced, the old invoice, the original invoice is still outstanding and active. 

For example, your tenant's payment of $500 would be applied to the $50 late fee charge first, then $450 towards rent, leaving $50 in unpaid rent.The problem is that you never know if the court is going to back you because it's really a peanut-shuffling game.In your case, I would send the tenant a written notice reminding them of the policy and the outstanding balance.

HI Sam,A Heloc pro is you only pay interest when you draw upon the or having an outstanding balance but the con is that you pay interest usually based on prime + margin.

If you are trying to use the "Delayed Financing" exception a couple of things you should keep in mind, #1 you must have paid all cash for the property (no borrowed funds for purchase) and no liens on the property #2 you can use the maximum LTV allowed for purchase of property (ie. for an owner occupied property 97/95% LTV or non-owner occupied max is usually 80-85% LTV) #3 must refi within 6 months of purchasing the property (so for the most part you are going to use the purchase price plus improvements rather than the new appraised value) #4 property will have to qualify condition wise within the lenders guidelines, so no major work should be outstanding like broken windows, holes in the roof, ect. 

You can bring the account current by paying off the outstanding balance.If you're looking to do a cash-out refinance in order to pay off your siblings, I'd connect with your attorney and a local lender to ask how you can facilitate this. 

Wouldn't tell you how much has been paid against it, but at least you'd have an idea of how much is the max that could be outstanding. 

The cash flow is outstanding much better than a SFR or duplex.