Originally posted by @Jeremy Pace:@Ronny Crawford second position means you get second dibs on getting your money back if the deal goes sideways (foreclosure, fire, etc.)You'll record a mortgage against the property.Some things to think about:1) Hard money lenders charge points, it's their insulation against non-pays and weeds out the people who aren't serious (and increases your profit, of course)2) Don't lend to them unless they include you as a loss payee on their insurance, and don't lend to them if they are under-insured (you want to make sure you get paid if the house burns down, for example)If you don't mind, could you share all the terms of the deal? 

I follow Pace and Jerry Norton like crazy.

The current owner needs an additional 6 months for them to move out at their own pace due to health issues.

I am currently interested in Pace Morby's Subject to mentorship but was not sure if this is rookie-friendly or if the cost of the mentorship was too high ($7800).

With about one house every other month coming for sale under $1M and 10 offers each time it does I’d say demand is out pacing supply.

I vaguely remember how long it took her but she said the classes are self pace and the program is pretty good.

Pace Morby has free contracts, so do a lot of other gurus.

It has so much potential, but change is at a snails pace. 

Out of state is fine too.Thanks in advance ☺️ I would look into Pace Morby & the subto community. the best community ever. 

I mentioned Pace Morbys name and only paid roughly $430 for the LLC and for the wyoming office.