She is now 4 months behind in mortgage payments (around $3000).

So currently im paying mortgage and hoa on a property that is gone and im curious if there is something i should be looking into to make my situation better before its rebuilt. 

I can't remember what the NY Realty Transfer Tax rates are but I recall it being significantly cheaper than PA.

Mortgage - p.i.t.i. $1,3004.

Generally we plan to mortgage the properties.  

I got a standard loan at 5.625%Purchase: 131.4k20% down: 26.6 (24k from 401k)Inspections/ Closing costs: 4,050Rent: 2125 total (1275 up, 850 down)Mortgage: 613Ins&Taxes: 424401k Repayment: 131Utilities avg: 310 (based on 18 month bills)Maintenance: $138 (estimate, will save as capex if not spent)Cash / month after expense : $511Assuming 10% vacancy and some clean up, I’m estimating $5100 a year in cash flow.

- I was recently a victim of wire fraud on a mortgage transaction and in speaking with the FBI, activity has been rampant lately. 

From there, you can ask for referrals and build your network whether it is an agent, lawyer, title company, inspector, contractor etc.Go find a mortgage broker or loan officer and get pre-qualified.

Loan amount $110,400Gross rent: $1350 including $675 from a tenant and $675 from me. minus Mortgage $841 PITI Repairs $100 ($50 per unit)Cap Ex $100 ($50 per unit)Vacancy $65 (roughly 5% of the rent)_______________________________________$1106 in expenses $1350 - $1106 = $244 cash flow

Are investors willing to take on a project like this when we still have a mortgage on the property?