Just like a junior mortgage, the senior gets priority and remaining balance would then go down the order of priority.hope this makes sense.Note; I recommend reviewing this with an attorney as well as I am not one. 

Hey everyone,I am looking to get in on my first deal. Cold called this property owner who wants $150K for this 2 bedroom, 1 bathroom 928 square foot home. He says it's in good condition, could use AC and a heater, may...

But a mortgage that is paid in full each month will never be reviewed.  

They don't have the bandwidth to keep up.BP has remote team members in the Philippines or Mexico that review posts every day, bu they can't keep up.

I’ll start by reviewing the resources you shared and make it a priority to stay on top of the legal aspects regularly.

I wanted to look at the reviews to see if it’s worth trying.

You can also search Google and read reviews.

This is why you need to make sure you review your file prior to even getting the hard money loan because what if you do not even qualify for a conventional loan then you'll have problems and might not have a net benefit exit strategy.

Just for your own sake I would pick just a few zip codes to focus in on first and committ to reviewing/analyzing 50-75 properties on those zip codes.

Then I could review the order of the work they recommend with them with the contractor I choose.