A non-assumable loan can become effectively assumed by using a land trust.

After all, to have read something that is truly beneficial and has had a positive effect, why wouldn't you want to share it?

Ultimate goal is to own everything free and clear and eventually build up enough cash flow to to cause a mass effect.

Simple but effective.

Doing something like taking $15 grand out against your car at 3% gets you a long way towards that 25% equity stake you need without damaging your cash reserves.

While such issues do arise, you'll need to get an attorney to defend you, against the claims and to seek coverage by the title company in making an error in the search or filing any damages....

The other advangtage is it allows you to find any damage to the decking and repair it.

Converting some of the downstairs into a master bedroom with walk in closet and ensuite, 50 % new roof, new floors throughout, paint, finishing a sunroom, refinished kitchen and baths.ARV: $189,000 1)In looking at the pics, you really need to have a good general contractor take a look at the sub-floor structures as it look like it suffered from severe water damage. 2) If you have not already, you should budget new engineered flooring because even if some of it is salvageable, you're not going to be able to match it up. 3) Going to convert downstairs space into a master?

The property was last inhabited by people who were getting kicked out, and sometimes people in that situation will purposefully do damage to the property (or at least have disregard for upkeep);2.

You won't know the extent of some damage until the walls are open, etc.