They maynot want to do this if they are using a Bank to finance, since thebank will want “First” lien position and you won’t want to do“Second” position.

In my opinion they are usually of little/no value UNLESS they are "collectible" which to me in most cases means that they own real estate that can be lien-ed with a judgement.

I sure there is more but I am equally sure its quite rare.. reason is all the junior liens that got wiped out in the sale reattach.

Some info that would be helpful to know would be the value of the house and outstanding mortgage amount.Yeah, I’ve been trying to rent out the other room, but I’m not sure how to market it without the hassle of having two different roommates.

Thank you, Lien, both for the advice and the referral - I will reach out!

You also cannot have other liens on the property or a DIL is usually not an option. 

I do not have any lien or mortgage on it and there's a tenant.1.

Actually the IRS does not tell us what we can invest in, only what is disallowed (life insurance contracts and collectibles).Allowable investments for SDIRA investing include the following:Residential real estate, including: apartments, single family homes, and duplexesCommercial real estate Undeveloped or raw landREITs (Real Estate Investment Trusts)Real estate notes (mortgages and deeds of trusts)Promissory notes Private limited partnerships, limited liability companies, and C corporationsTax lien certificatesOil and gas investmentsPrivate stock offerings, private placementsJudgments/structured settlementsGold bullion Factoring investments

I've done a lot of DTS marketing and found that almost all my leads were either tire kickers or if they actually wanted to sell, the property had so many entanglements (multiple family members involved, tons of debt on it, municipal liens, etc.) it wouldn't even be worth it.

We have around $85K outstanding between a 401K loan and our HELOC.