By this point you will have a lot of money tied up in closing costs and also the non-refundable deposit that the investor you are buying it off of has charged you.  

It's definitely something I'll remain cognizant of in the future.The first property is a bit of interesting setup - have you been to see it?

Nothing ever goes according to the script and my team must remain adaptive and agile.

But on your second month payoff the remaining debt and your scores should shoot up past where you started.

At that point, we would use a  promissory note that was not tied to the home, just a personal note and no security agreement.

If she doesn't want to transfer the whole property to your sister, I don't recall your mentioning what kind of property it was, she could transfer it to a new trust or LLC and sell part of that to your sister and then your sister might be able to pursue a loan.I would also talk with a local banker about refinancing some of your mom's high rate debt, just that might free up some cash-flow and that always helps.As a last resort you mom might have to sell some property to get funds to bring the the remaining holdings on line and up t speed.  

IDOT made a lot of improvements to IL-59 between Plainfield and I-55, though downtown Plainfield remains a speed-bump on that highway as does the I-30 junction just south of downtown Plainfield.

As Investors and Real Estate Entrepreneurs I believe its important that we nourish our psychology to remain positive and productive.

Perhaps the universe is steering me toward stocks and the proportionally easier and more diversified investment (meaning, 100% of our assets pretty much are tied up in Charleston real estate at this point).

the bidding starts with an amount that does not tie to any mortgage balance or fraction there ofthe auction is the judicial sales ..plaintiff (bank) is the winning bidder most of the time. sometimes 3rd party bidder wins. this is IL specific.