We always start from a financial side of thing and move forward, when it's time to inspect the property we arrive with our contractors and really get cost and condition to confirm what we already expect.Good luck!

In your situation, the only thing that will likely matter is debt to income.  

Read more: http://www.bankrate.com/finance/financial-literacy/when-is-cash-out-refinancing-a-good-option--1.aspx#ixzz4HUOTooJA Follow us: @Bankrate on Twitter | Bankrate on FacebookDo some more studying, talk to more people, and consider your options.

I joined BP in an effort to learn more about how others operate as real estate investors, and see what their road map toward financial freedom looks like. 

I would be open to short term mentoring with an agreed upon financial arrangement.

So you currently have income that you can rely on to get you to you goal of financial independence . 

When one forecloses on a home with government tax liens, do they have recourse against the owner to try to recoup their debt up for a window of time?

Currently my wife and I are debt free including credit cards and saved up a decent chuck of change for retirement, mutual funds, stocks, and too much into CDs(lucky only one year at 3%).

It's also important to realize that HUD will do a very thorough underwriting of your qualifications to assume that debt.

The family I am assisting is in a dire financial situation.