My uncle just let me take a big bag of oranges home.

Sounds like you had quite the day @John Rogers!

Like John Rogers said, a good contractor is key.

I'm a member of Capital REI, which is run by @Roger Lin, @Justin Pierce, and @John Rubino.

I'm a member of Capital REI, which is run by @Roger Lin, @Justin Pierce, and @John Rubino.

I'm a member of Capital REI, which is run by @Roger Lin, @Justin Pierce, and @John Rubino.

**(If anyone needs a killer PM- we connected with a great company who really helped us out during due diligence-message me for their info)** Just thought I'd post about my experience.My uncle has been involved in REI for a long time & I told him I wanted to help on the next deal he cam across.  

@Christopher Rogers As I understand it the problem you run into with these is the loan is attached to the property taxes as an assessment, so a bank will not loan on the property because they would be in second position.I have never seen the subordinate clause at the end there and don't know how that would work.If you take the buyers perspective, they also want it paid off because they are paying full retail for an updated house, then are making payments on the upgrades for years.

There is a good meetup in Fairfax hosted by @John Rubino, @Roger Lin, and @Justin Pierce. 

@Roger Lin might be able to help you