Jason DiClemente so if I understand the monthly interest payments are roped into the loan amount?

Obviously, I understand I'd be looking at selling at a steep discount.

I understand that most lenders will not loan on a property in an irrevocable trust, and I am looking for help in finding one.Does anyone have any ideas or suggestions to help him avoid the inevitable foreclosure if he doesn't payoff the loan?

First off let me say I am not an expert at all; however, I have done a lot of reading and research and have a decent understanding of some of this stuff.

Help me understand the process that needs to happen.

Glenn, I understand your concerns but there are many other ways and means to purchase in place of cashing out your retirement funds.

Depending on your strategy you need to understand where the good rental areas are.

I thought I had an exit strategy in place with a mortgage company including terms that were fixed and amortized for 30 years with the understanding they had to season for 6 months.

Is reach out to experienced flippers but you guys are contractors and as from what I understand contractors are "the" biggest element in a flip after the purchase of the property.

Gabe Amedee I'm fairly new at this and I'm still trying to understand the math.