The potential pitfall is that the lending company or current and existing mortgage company or holder can call in the full amount of the outstanding loan once ownership changes hands.

Look at their existing projects, call the licensing body at your state and ask if there are any outstanding cases against them, etc...

This of a credit card minus cash advance fee.However, interest will be charge daily of the outstanding balance.However, with Property's Equity would be more of a HELOC (home equity line of credit), not a Personal Line of Credit.

Here is an example of the laws associated with utility companies (That I know of).https://www.revisor.mn.gov/statutes/2021/cite/325E.025https://www.revisor.mn.gov/statutes/2021/cite/327C.01https://www.revisor.mn.gov/statutes/2021/cite/327B.01From my interpretation "A utility may recover or attempt to recover payment for a tenant's outstanding bill or charge from a property owner where the manager, acting as the owner's agent, contracted for the utility service."

"Orange Coast Lender Services will clear all open title issues / outstanding liens prior to the closing..."

But from the investor side I'll bet that Jay Hinrichs has a pretty outstanding resume to overcome his "meager" balance sheet compared to his investors :)  Repeat after me - due diligence!

I don't need those funds now, this investment is performance is outstanding so I absolutely have no immediate need to liquidate.

I try my best to leave the politics out of it, but it does sometimes feel that politics impacts the REI space. look how rate above 5% is becoming the new normal with rate below 4% has declined from the book by 2/3 only right now.I was not expecting this one year ago, with this outstanding rate balance , 5% above rate has been accepted by the market pretty fast.Many market is reaching all time DOM's while sustaining high rate environment is just beyond many prediction a year ago.

Hope that helps.RTR has an outstanding reputation with more 5 star reviews than any other company on BP!  

Not sure IF Reverse mortgage DEBT (outstanding balances) show up on ones credit report as a trade reference or not?