Supposedly the second lien holder is a credit card debt collector, they were listed as the defendant in the foreclosure case.

How do you feel about debt?

Do not refinance a primary residence for this because you will be increasing your payments, but not getting anything for it unless the investment you purchase is giving you such a great return that it doesn't make sense not to do it.I have used HELOCs on both my primary and investment properties (when I could get them) as short-term debt.

Comparing Equity with debt is kind of apples vs. oranges. 

I personally dont know where title insurance comes into play with these either if your not recording a debt instrument and then getting a lenders Alta

I have a few properties that have increased 30% in the last year), and of course the tax savings + the debt paydown from the federal government or tenant.Overall returns are insane: I'm a buy & hold investor.

Then when you get ready to retire, if rates have come back down and you want to "earn" more cash flow by getting rid of your debt, have at it. 

We found evidence of mental health and familial issues, all sorts of debt, IRS issues, and even YouTube videos showing a life in disarray. 

We calculate gross income as all dollars coming in except taxes.Our clients gross revenue is the room rate (top line) expenses minused out and then they receive their net income.Net profit (or loss) would be then when they subtract debt service, property tax, insurance, utilities, etc.

The DSCR will still have a personal guarantee, and whether reported to the credit bureaus or not it needs to be disclosed as a debt, so there's no benefit there.