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Updated over 7 years ago,

Geoffrey Pierce's profile image
Geoffrey Pierce's profile image
Geoffrey Pierce
  • Flipper/Rehabber
  • from National
  • Member since Sep 14, 2017
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User Stats

38
Posts
2
Votes
Geoffrey Pierce's profile image
Geoffrey Pierce's profile image
Geoffrey Pierce
  • Flipper/Rehabber
  • from National
  • Member since Sep 14, 2017
Connect
Geoffrey Pierce
  • Flipper/Rehabber
  • National
2
Votes |
38
Posts
Buying & Selling Real Estate

Risks taking 2nd mtg

Geoffrey Pierce
  • Flipper/Rehabber
  • National
Posted

I have a lead where an out of state investor son wants to buy the owner mom's house in arrears. She'll hold a silent second for me bringing the loan current and I'll be a 50/50 equity partner. What are my risks and their solutions? I'm researching, but it'll go away fast. 

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