You still keep your asset and you pay 0.Net result: Zero change besides your insurance premiums going up.Sorry, I'll take a PUP over an LLC any day of the week. 

In most cases that is the benefit to the seller is buying something they no longer want to (or can't) pay for.

We would use the additional units to bring in the funds to pay the mortgage plus expenses.

Since most rehab funds are non-Dutch, meaning you don't pay interest unless used, it acts as a safety net for hidden issues or new opportunities.

Hey BP folks, it's a slow holiday weekend in Baltimore, so figured I'd get on here to introduce myself.

The limit is lifted, Purple Heart recipients (even if still active duty) no longer pay funding fee's, and several other changes.

I'm confused because he hasn't finished paying off his mortgage.

Sorry, forgot to mention, on the fees (origination, etc) what I meant was I wanted to avoid paying those.. which is why I wanted to self fund. 

Instead of paying $500 to keep a seven year old fridge, I added on top of it and got a brand new one to avoid any trouble in the future.A couple days later after getting the refrigerator, I get a call from my Upstairs tenant saying the garbage disposal is leaking.

We are inheriting some tenants that have historically had some difficulty paying.