(b) If a person offering to redeem fails or refuses to nominate a referee as provided in subsection (a) of this section, he or she must pay the value put upon the improvements by the then holder of the legal title.

Hey Arron,I have not personally heard of them but would recommend looking into their online presence/reviews.

But from what you described this has gotten PERSONAL.  

Lenders will not consider your personal DTI to qualify.

What I think is a valuable tool/person to have in your corner now more than ever is an investment specialist or specifically STR specialist realtor that knows how to underwrite and thus knows how to find a good deal.

I have equally found that there is something magical about IN-PERSON MEETUPS...when I left my traditional W2 for a PropTech startup I led our grass-roots business development by going to every possible Chicago Meetup for about 2 YEARS STRAIGHT!

@Genny Li- agreed, our wedding opinion does not matter much, I’m also giving some thought to just making it our personal house, lots of mature trees, a full acre lot, 2100 sq ft, sell the Houston house, that bumps us from 1700 to 2100 sq ft , and a 6200 sq ft lot up to 42560 sq ft lot.

Collectively between our personal residence mortgage and rental mortgage we are at a 50% LTV ratio.  

Purchase price: $155,000 Cash invested: $215,000 Sale price: $417,500 This single family home project was a personal flip project.

You could also approach lender about a deed-in-lieu of foreclosure IF they will agree in writing NOT to personally pursue you for any loss.