Terrific post Joel! 

Moderators are not employees or paid by BP. we can remove posts and flag posts - that  is the much to the extent of what we can do - we don't have any type of access to someone's accounts. 

I really wish BP does a better job at monitoring scamming post like this. 

Look for books published in the last 2 years as some of the books post 2010 seem to give people unrealistic expectations.

The highest value post-TDR use, though, is to go further and create "ecological mitigation" credits and then sell those, too.

That's a significant discount --- I wonder if they are seeing a decrease in homes posted.

Why not use the existing HELOC (mentioned in his 2nd post) to use as the 20% down on property #2? 

I wasn’t trying to be long winded, with too much detail, in my initial post but I actually did this method on a fix and flip.

It’s clear that the evolving market, especially post-GFC have shaped your perspective, and you’ve outlined some valuable points about the flexibility and challenges of private lending.The flexibility in ARV and LTV is such a huge advantage, especially for investors who might not have traditional financing options.

But this post is not about me.1.