The mortgage is due and payable as long as it is outstanding as a debt.

The availability of private money loans and other forms of fast cash allowed the buyers of these assets to take advantage of unique and fleeting opportunities.

Then, balanced upon on the outstanding balance, does the bank recomputed a 15 year amortization at the new rate?

Qualification is based on the front ration, housing expense and the back ratio housing with all other obligations outstanding with 6 months or more remaining to be paid. :)

A lot of outstanding HOA debt, and deferred maintenance can be real issues.In general, I went with SFRs, and still looked at the financials of the HOAs to make sure they weren't underwater.Anyway, feel free to hit me up for any more info or referrals.

In other words, are there any outstanding liens or encumbrances on the title that you will inherit along with the property?

You realize you'd have to pay off any other outstanding years before you can send it to the auction?

Ken McElroy is an outstanding example of an ordinary real estate investor who stayed with it through thick and thin to become successful and I'll listen to him as many times as you can get him to come on.If you could corner him into doing an 'intensive' on any subject related to the apartment biz that would be great too-

Working to see who can assist me in taking out additional equity and refi out of a FHA at a higher rate but the reduction in PMI can help me with the cash out to purchase another property.Our situations are not exactly the same, but to me it seems that a preliminary screening is done by the loan provider asking for the mortgage outstanding and the appraised value and credit score.Then look into the required LTV since a refi and cash out option can result in a higher interest rate and lower LTV requirements.Hope this helps.

Now buy repair and rent you can get outstanding ROI.