Hi BP community! I'm just starting out, reading and absorbing all I come across. There are a variety of investing strategies that range in amount of capital involvement and risk. I'm trying to get an idea of what othe...

For example, yanking out a length of steel without the proper preparation is clearly a unique balancing act.

Since the balance borrowed goes down each month the interest payment amount will shrink.  

There is no communication whatsoever for years.The house is of significant value with a balance of <50k, however the paying owner has limited funds and is in a difficult overall financial spot.

As @Ron S. mentioned, the loan balance on no loan is available in public records....in the FL foreclosure process the Final Judgment amount is shown in the recorded document, 35-60days or so prior to the auction date.  

@Michael KattouahOne of the few things that I've learned in college that has actually stuck with me is that life is an income statement game, not a balance sheet game.I'll pay you $100,000,000 for a $300,000 house if you let me pay you $1,000 a month for the next 8,334 years.

But we have found ourselves having to deed properties between my wife and myself to help balance that debt & income load to make those formulas work for the lenders.  

I want to pay off the HELOC I used to purchase these last to rentals (balance of 23K on my primary residence) and use the remainder of the refi or investment HELOC money to go and reinvest on another "cash" deal.Hoping there aren't too many details here to make sense of all of this!

Lots of unforeseen issues and it's important to attempt to balance what's practical vs what's possible. 

This account runs a credit balance year to year.