You are prohibited from taking ownership of the property and subsequently engaging in the repairs as that would not work. 

A subsequent grantee or transferee would only receive the rights and benefits afforded a non-possessing owner.

., CoC = all the income derived from the investment per year, divided by your initial money down + all subsequent expenses in that same year, x 100 (expressed as percent).eg.

So if you plan to borrow money to close but have an "all cash" purchase contract, you either need to have additional language in the contract to allow the borrowing of funds and subsequent recording of the documents through escrow or else get permission from the seller via an addendum (which they do not have to grant).

Hi,I am new to Tax Lien (TL) Investing and have a question:What exactly is my risk when buying a "subsequent/junior" TL (e.g. a TL from 2014, when there are still TLs from 2012, 2013 which haven't been redeemed yet)?

The lis pendens can be filed as soon as a note goes into default, thereby making the asset non-liquid and calling into question the priority of subsequent liens.  

He bought about two years ago with very little down, triggering a PMI payment.Between regular mortgage payments and subsequent appreciation (mostly appreciation, as it sits on the water, on a canal) there is now substantially more than 20% equity in the house.The issuing bank is telling him that regardless of the equity in the house, he has to carry the PMI for a minimum of five years before he can get rid of it.Is this correct?

Also keep in-mind that any subsequent capital calls will also carry a premium (unless and until you build-up reserves in-country).It's true that your cashflow will gain a (25% at the moment) boost upon repatriation (BTW: you'll be taxed on that gain), but if your objective is to grow your U.S.A. holdings, you probably won't be repatriating retained earnings.FX exchange won't consume any significant amount ... but it is another hand-out each time you convert currency.It all comes down to math.

There are additional cashflow and subsequent sale expected as well.What are thoughts on this as an investor?

First, there was an offer for a Three Day class (I forgot the price), and subsequently learned there was a Master Class with a Mentor for a huge fee.FB has a focus on Flips and how-to, with several detailed floor plans and cost sheets, but that's about all.IMO, you can get 99% of everything FB offers (except the floor plans & cost sheets) right here on BP for the price of ASKING good questions.