The ideal property I wanted did not exist in my market, more Google search, read more articles and discussions on BP and I discovered BRRRR!

Favela are a risk due, too, the existence of 3 figures (all heavily armed and - imagine that - not trustful): The Police, The Militia and the Drug Cartels (this last fighting each other now and then).

It may slip by if they are using a servicer.Why don't you just reach out to the note holder and see if they are ok with you taking the existing borrower's place?

Good to know the company actually exists!

There are even articles that claim about existing reasons to invest in RE market now.

Looking for a lender that specializes in VA loans that can get me into a multi-family deal, preferably using existing tenant rent as income. 

My loan broker is still thinking we can get it done in 60 days or so, not sure it’s going to be that quick.In my case, I’m just evaluating the benefit of refinancing now, vs the costs and prepayment on existing debt. 

To make matters worse, we also had to lower rents to keep existing tenants and attract new ones.

Quick answer to that question that I've been debating, do a cash-out refi of the existing property, especially since we have equity and should easily be able to get $100-150k out and rates are at a historical low point.

Contribute, take advantage of the tax savings and potential employer match, and build yourself some tax-sheltered savings.If you have existing retirement funds outside of your existing employer 401(k), those could be rolled over into a self-directed IRA.