You need to stop or it will just get worse and then you will be back here with serious problems.You need to politely, yet firmly, tell her that she has gotten too demanding and that from now on she needs to handle everything herself...except major problems like non-working appliances.

Next day another person calls in, just repeating what I said the day before in a dumb way and eventually said, you know you have to refinance the 1st mortgage, right?

I'm not sure of the legality so I can't comment there....either way though I'd just go get a personal loan for a balance that low or transfer the property sub-to...

As in two or three years living with this person whose shall we say lifestyle is so uncomfortable to you???

Personally, I would do the research first, get all the answers confirmed and then look into the market to do a deal.  

- Loan Type and Liability: Implications of personal vs.

He said he emailed us his 30-day notice to both of our personal emails two weeks ago, however neither of us received an email from him.

As a person who has purchased hundreds of mortgage notes (non-performing and performing) and done many seller finance deals let me tell you if this was the case wouldn't all banks require the buyer (their borrower) to get such a deed so that if their borrowers do not pay then they don't have to go through foreclosure.  

A true DSCR product doesn’t care about your personal debt. 

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