There was a reverse mortgage on the house and I need help on how to structure this transaction.The current LTV based on a appraisal performed by the current lien holder is about 56%.

Hi everyone,I'm currently a 60% investor on a rental property out in California and was wondering how I can be setup as the first lien holder on the property?

Two Senators have proposed a bill where foreigners can buy a Visa if they buy $500k worth of real estate.One significant detail to this proposal is that the individual can break up the $500k.

I paid cash for my first property recently and financed the rehab on Visa and an unsecured LOC, but might do something similar to what you are doing here on the next deal just to get into property number 2 a little quicker.

Have you considered paying her full price by bringing in a partner as the buyer and making your SDIRA a lien holder?

I believe your LPs will normally require a preference over class B holders. 4) Can be either.

Tax lien holder didn't like the fact that he was being redeemed so he went after my seller's son to try and take the deal.

Help her all you want, but I would never be a seller, landlord, or holder of paper on a deal with someone like this.

The Mortgage lien of course is inferior to a tax lien but why wouldn't the mtg lien stay attached to the house when foreclosed on and then when the lien holder sells ban gets whats owed to them..thx,Chris

I am not sure, but I would assume if there was a mortgage on the property the mortgage holder would have some entitlement to the overbid as well.