I would also think that the the lender could issue a statement that removes her future liability from the debt or deficiency in the future.

Good credit, income, low debt and even proof that I've completed conventional rehab loans in the past.

The risks you assume should provide you a premium over and above a safer investment.There are also tax advantages that may come with an equity partnership, so you shouldTwo: A debt financing arrangement (a.k.a.

At the end of the 4 years I will have converted approximately $60-80k of housing allowance to approximately 25% equity on a 30-year note [minus taxes, repairs, incorporation expenses, etc].Then, the gray-area: I have some cash on hand, and zero debt.

what about not buying debt?

The client reduced a lot of his business debt and was happy to close given two banks he approached denied the loan.2.

Most lenders will allow 45% obligation ratio on GROSS income, so since I have no other debt my bank told me I could feasibly spend $3375/month on PITI payments.

Over the next two years I plan on using existing cash flows from my current portfolio to 1) continue the aggressive debt paydown on these two balloons and 2) purchase an additional 6 SFH or fewer multi-families totaling about $150,000 in total acquisition costs.The options I see are:1) current situation- continue paying off the two 6.625% mortgages over the next 28 months.

If your property is worth a lot more than the debt you have on it you are likely better served from a ROE standpoint to either refinance and deploy the cash elsewhere or exchange to a larger property.

it is the only lien. the HOA late fees and fines combined.