You can't actually pay it off directly because they've been securitized, and the people who invested in those securities did so because of the specific certainty of the payment schedule.What you do in a defeasance is use the proceeds of the sale or the funds from your new lender to purchase treasury bonds that are packaged to make the exact payment amounts and timings on the remaining term of the loan, and then assign those bonds to your old lender.

Purchase price: $82,500Bought this 2 bedroom condo in Manchester in April 2018.

I want to purchase an underperforming asset at a Price of X.

Purchasing real estate is capital intensive.

However, achieving success in this space requires more than purchasing property—it takes strategy.

I plan to purchase a primary residence, multi-family home (2-5 units, 'house-hack'). 

Purchase price: $55,000 Cash invested: $440,000 Currently under construction and pre-leased for $6,195/month, this 7-bedroom, 5-bathroom student rental in Clemson, SC, was built using investor cash and designed for high-end student living.

Purchase price: $499,990 5 bed 3 bath split level house in Hyattsville, 1875 sq ft

The last house I purchased was $227,500 and we put down $85K. 

I've personally found the bulk of my Chicago purchases off the MLS.