I own several short rentals downtown and would love to hear about your experiences outside the city.

In answering the question of note value after 12 payments- several factors to consider:  Note Investor looks at Investment to Value ratio- so from worst case scenario want to make sure they are in a good position if the note turns non-performing. 

If you have a high debt to income, like 55%, can you use a HELOC to take out several of your loans (hard money loan, personal unsecured term loan, and student loan that wasn't even used for construction of course but is still contributing to DTI) to reduce the DTI? 

Home buyers, now steeped in several years of rising prices and low inventory, became more selective in their purchase choices as housing affordability achieved a ten-year low. 

These type of items become part of the premises and are expected to have a serviceable life of several years ... as such they are capitalized.There is generally plenty of grey in the middle and that is where having an experienced accountant is beneficial.

I want to convert  the ownership of several condos i owned from my personal name to a new LLC, Does anyone have a referral in Orlando area?

I have not been to Irmo/Columbia for several years, but many speculators made money along the 26 corridor back about 5 years ago.

Your analysis included several different factors.

She has no current income.If there is any equity in the property, should would have applied for a reverse mortgage.Bankruptcy doesn't stop a foreclosure and hits the credit for several years.Should would be better off selling, taking what little equity she might have, and avoid taking a hit to her credit with a foreclosure.

Funny they are behind because they asked me several times if they were going to have to move and they didn’t want to because their child attends the school down the street.