You can find a VA or a younger person to pay.

Should we be doing this HELOC if we are unable to pay it back in full at a later date. 

I would rather pay a little more now to build a foundational system for growth. 

You simply pick a name and create your articles of incorporation it will provide you with an EIN number go to your bank of choice and open up a business checking account.I live in Florida and have created multiple LLC's on that site in minutes. 

(On that type of deal it should but play it safe)Even if the seller can show you a current policy and that is what they are paying now you as the new owner may not be able to secure that same rate even from the same insurance carrier.

Hi All,Relatively new to the site but like how helpful everyone is with questions and advice.

Let them live in it and pay me a rent for a while, And then, offer to sell it back to them in 5 years at $1,000,000.   

I actually did get someone, but then they tried to hustle us with a wayyy lower price when he went to pay

I enjoyed that mine was a one man band, and it was smooth and efficient, handled by email and short hand dialogue and simple resolutions.My eviction filings, so far have been "light weight," mostly gets people motivated to pay and stay.I spoke to a couple of firms, but they make it sound much more complicated and ugly than it has been in my case, so they aren't resonating with me.

I ended up paying about 1/2 that with another service.