Obtaining a new mortgage and keeping existing properties I own as rentals.

My mortgage on it went from 170K to 125K over the 12 years, it doesn't cashflow great, but when the mortgage is paid off I will cashflow 13K a year from it for the rest of my life. 

Obtaining a new mortgage and keeping existing properties I own as rentals.

I will be assuming the mortgage of around 274k, and the rest will be under a contract for deed.

Even with 65 k as down payment mortgage and taxes and maintenance fees will eat up most of my salary with condo prices at around 400 k for a one bedroom.

Essentially, lenders don't like it when you quit claim deed the title to your LLC because you have personally guaranteed the mortgage.

I agree with the poster that said you can’t get involved in things or it will burn you out, but Thant doesn’t mean you can’t show some sympathy or offer help.The woman has been seriously ill and lost her job in the last year and had two kids murdered. she hasnt ask for a thing, so shes not scamming you, they have been long term tenants who paid off the mortgage in a year, so you have no mortgage but are still guaranteed most of the rent.It could do wonders for her (and you) to send her a compliance card and flowers or a ham or something, and let her know if she wants to move to someplace she would feel safer or has no bad memories you would be willing to work with her caseworker to find something else.

Our current mortgage on our way to big house is $138,000.

As a bank officer, I underwrote residential and commercial mortgages.

That's 40 hours a month at the most.You can set up mortgage and utility bills on autopay.