That includes a HELOC on my personal residence and a HELOC on one of the investment properties.I have about $35K remaining on one of the HELOCs.  

Otherwise, willing to walk away.Our rates for refi cash out w/b 30 year, 4.375% (presently 3.625 on a 15 -12 remaining- but willing to do that) and investor rate for new property w/b 30 year, 4.875.Thanks so much for helping the new kid on the block!  

As long as your nephew meets the qualifying requirements (min. credit score, debts not pushing you over DTI ratios etc.) he is allowed to be on the loan.As long as he remains on the loan, he is financially obligated to the mortgage.

I am new to REI and am looking to invest in my first investment/rental property to live in it while I rent out the remaining bedrooms.

The final part of the process is to pack non-shrinking grout into that remaining gap between the new foundation pour and the old foundation wall.

If at all possible it is best for the property to remain occupied.  

So, looking forward to my cash out payday (my fam's plan is to live off the difference in the equity cash out from the cash I invested, all rent will remain with the property until paid off). 

If the property doesn't sell at auction, it remains in the name of the owner of record, and will be offered again for sale if the taxes remain unpaid. 

Sorry for the crude quotes I'm on mobile, even paying down the late CC's and showing positive payment history will not improve their scores in the short term, very likely the CC's will balance chase dropping their available credit at every payment, keeping their utilization high unless they are paid to zero in which case account closure is possible, a hit either way, the fresh late derogatories will still remain to keep their scores low."

We will identify the tenants for the remaining 25% in our feasibility period (90 days).