Consider starting with a smaller, more affordable multifamily to keep your mortgage low and cash flow positive—even if it’s not your dream property.

Per CoreLogic, only 1.8% of all mortgaged homes are in a negative equity position, and the average homeowner across the US has $311,000 in equity.If anyone has contradictory data, please share.

Rules for contractors NEVER use your money to fund a customers project ( unless you hold first lien position and charge interest )If the money stops , the work stops .Put everything in writing .

With your equity and clear goals, you’re well-positioned to scale—best of luck!

The problem is I have no idea of knowing what is owed on the first position deed of trust.

I don't include non paying Tenants because I like a small slice of positivity in my life and prefer to think I did our screening well enough that all our Tenants are paying.Cheers! 

We pride ourselves in keeping the forums positive, helpful, and focused on real estate (please, no politics, religion, etc.).

We pride ourselves in keeping the forums positive, helpful, and focused on real estate (please, no politics, religion, etc.).

It’s uniquely positioned to partner with municipalities and other entities, helping them liquidate assets or solve challenges, which further accelerates its ability to make an impact.At its core, the organization will focus on:Creating Value: Through education, economic development, and cultural enrichment programs.Providing Access: Lowering barriers to entry for community members who lack resources or skills.Scaling Impact: Working with municipalities and businesses to amplify its reach and effectiveness.Why Am I Really Doing This?

Although we do have deals on the lending side that dont work but we are not forced into a position to take big loss's like we were when the banks were calling our loans.. this will happen in the DSCR world as all these folks are using same type of debt IE debt that can be called based on the terms of the debt or like you have seen with the syndicators that are talked about on BP max leverage bad debt things dont go right And you have cap calls or projects totally lost.