If it hasn't redeemed in the allotted timeline you can either walk away and cut your losses or proceed with foreclosure to secure your investment.  

Navy FCU was not offering a HELOC secured against an investment property (i.e. non-owner occupied), neither Wells Fargo nor the several small credit unions I called were "doing investment HELOCS right now".Details:  3/2 SFR.  

Hard Money - I was told by the real state agent that he can assist with lining up hard money lenders to at least 'secure' the deal.

Supposedly lots of subdividable 6.5 Acre w/private dock for 30K...and with a "log home package" for 70K (package includes materials, no construction)...and some other options as well.This is not the first time I see one of these offers.

In my 40 years plus in this business I have one blemish and that was when my securities attorney told me I was fine.. and the State said I was not.. they argued .. and unless I wanted to spend 100 to 200k going to law review court..

Another example is an elderly tenant in one of my units who lives on a fixed income, social security.

Present a pretty package for the buyer, can only help.

Use a credit card, or get a secured credit card to build your credit. 

Idea would be to restructure terms and give a 2 year extension of I/O payments for the borrower in hopes he could secure financing.

Hello everyone, My roommates and I have run into a slight conundrum regarding our security deposit at a rental we just moved out of in Atlanta, Georgia.