If they have served their time, their debt to society has been paid and you have no right to hold it against them - is the argument that is winning large settlements. 

I plan on bidding high with intent on winning with few contingencies.

The Portfolio: Five multi-families (All 3 units, excellent tenants, excellent locations, well-kept).

The Portfolio: Five multi-families (All 3 units, excellenttenants, excellent locations, well-kept).

Steady gains will win!!

I have never been quite drunk enough to make a winning post there-nor here for that matter!

The HELOC replaces the mortgage in that case, giving you access to as much as 95% of the appraised value of the home.If you do it that way, you can plow all your money into the HELOC, hacking away at your mortgage while you're looking for a new job and a new home, and once you find both, you can pull the stored equity from the home and use it to purchase a new primary.Once the HELOC is in place, you can forever use it as a revolving line of credit to invest in new rentals.If you refinance, even at a better rate, the bank wins.

And unfortunately they win the argument :)

Our bids never got accepted on the 10 properties we liked (even when we were the highest bidder with 20% down and excellent credit!!).

Excellent information.