Thank you for your feedback 

I would love your feedback on how you all think I did. 

The seller is already in first position and in a perfect world I'm not refinancing out of those terms, and I'm not giving up equity to a money partner. 

If structured well, this strategy will position you for rapid expansion.

I’d love to hear any advice or personal experiences from others who have been in a similar position.

@Renee LeFevreTo rent out your basement, follow these steps: check local regulations, prepare the basement with separate entrance, screen potential tenants, draft a lease agreement, set the right rent price, consider tax implications, update homeowner's insurance, and build a positive tenant relationship to attract quality renters.Good Luck!

You can’t really “lowball” rent offers so I’ll posit the advertisement matches up with the actual lease terms.

If you're gonna lend you need to be 1st position lien.

Thanks for the feedback!

I'm just wondering if anyone had any updates from the receiver Charlie Adam's or have any positive lead, fact about Van Gundy?