He also thinks the bank will bid the property in at the outstanding mortgage? 

Right now, the mortgage is 92.7% covered with outstanding tenants. 

I have been a member for years; you will be glad you joined.Kudos to @Joshua Dorkin and @Brandon Turner for an outstanding platform.I wish I had more time to participate.  

Mortgage brokers should be able to provide you with more options since they can open you up to nationwide lenders.

I have a pre approval from navy federal with no money down and no pmi, which I thought was outstanding! 

Anyone that has the following two characteristics can guesstimate outstanding mortgage balances: 1) Title/escrow companies want to bribe them, which they do by granting access to property profiles or title lookups or whatever you want to call it.

You'll become liable for all outstanding liens against the property, so do your homework thoroughly.

Psychologists say (the ones without outstanding student loans )to complete your circle and that reduces your stress.

In truth, they are not connected at all except that an outstanding lien, if not satisfied, can cause you to lose ownership.

Although I do believe that flexibility should be given to outstanding tenants only, I have also seen how it can spoil an easy tenant and turn them into a difficult one.