Unless the HML is Joe's Uncle, who knows nothing about RE, they are generally not going to lend you something that's guaranteed to fail which is the case using your original numbers.If you're not on the personal hook for any deficiency, or don't have any assets, you may have to just chalk this one up to bankruptcy and learn from the mistakes.

@Jay Lam reach out to Joe Seagle 407-770-0100

I agree with @Joe Villeneuve regarding the additional metrics.

Hi Joe!

@Joe Funari Thank you

Quote from @Joe Vesey: Quote from @Dan Becker: Hi All,I am looking for deal structure suggestions on a unique situation that involves a home held in trust.I have a seller who owns and rents out an SFR that has an FMV of $~2M.  

@Joe HomsEveryone wants to sell the hype as next big thing - but for lead gen it meant to see some track record with it

Quote from @Joe S.: Quote from @Marcus Auerbach:  Sounds like you hit the ground running.

Thanks for any feedbackSincerely,Joe

My grandmother, Virginia was a housewife and worked in a cannery from time to time and my grandfather was a chef at Original Joe’s and a butcher for Denver Meat.