You'll likely be limited to 70% LTV based on a new appraisal.

I've read every thread in here on LLC's vs umbrella liability insurance.

One issue that I'm going to run into is the conforming loan limit, since I currently have 5 properties mortgaged under my name.

I'm originally from the Detroit area, but no reside 50 miles north of the city limits.

Liability Issues with Sandwiches:1.

FIVE FACTORS Payment History = 35% Debt Ratio: Balance/Limits = 30% Length of Credit History = 15% Types of Credit = 10% Number of Inquires = 10% FIVE SOLUTIONS Remove the "Bad Credit" "Rapid Rescore" your existing credit Add a "Seasoned Tradeline" Add different "Types of Credit" Remove "Inquires" The point is that even if you are successful in disputing negative items off your report, you are still only affecting at best... 35% of what makes up your score... make sure you address all 5 factors.

I thought that because I would be working abroad my college degree had no importance, much like you, but now my options are very limited.

Good stuff here.If you want pure cash and no liability, consider a Coop Assignment, where it is hald a Sandwich.You call people and see if renting or rent to own is a possibility.You say this house is not what you want for yourself, but if you could find them a suitable tenant buyer, would they be interested?

Also, are there any limitations on refinancing a home with a FHA 203k loan (say 6 months after closing and after all repairs completed) or limitations on selling the home (after repairs).

Couple that with a Constitutionally mandated (25th Amendment) term limit on the President and the chance of a true dictatorship is very, very small.These are challenging economic times.