Since no one else has chimed in on this I will play advocatus diaboli here since it’s a topic I feel strongly about.

Alternatively there are several 'plug & play' national brokerage that allow you to work with a variety of up to 100+ banks/lenders but the challenge is again sort of being on your own when it comes to processing, disclosing and closing.

Getting creative about using your primary as a chess piece for your investment journey is just fun and probably the best way to hit the fast forward button on your investment journey (so long as your reserves and marriage are strong enough to handle it).Honestly very smart way to play out using your main property as a source of income.

I go the STR route because I have a lot of other investments in play and I can absorb if things go south.

Lastly, I would imagine that with all of the small business ownership involved, there's probably a local bank that already has a UCC filed and is unlikely to play ball with a private lender who's trying to realize their collateral.

So if you buy a 2nd position foreclosure you are responsible for the first positionWhere dates come into play a lot is liens - if the liens were filed and recorded before a mortgage they are in priority.

The financials of the property along with the applicants credit and investment history will play a role in the pricing of the loan and loan to value limits. 

Explain that while you understand kids need to play, the scooter riding inside the apartment is causing excessive noise and could potentially damage the floors.

That is going to play a part in leverage.

So from funding balt city row houses to loudoun county :)Yeah it’s funny even on a personal level I lived in D.C. last year and the crime while I was never a victim there were probably at least a half dozen shootings within a few blocks a my apartment (which was literally across from where the nats play, a good part of town) and literally so many car jackings I lost count, eventually at the end of the year I was like I’m not paying 3k a month to have constant shootings next door, I’ve ended up for a variety of reasons spending at town of time on the eastern shore, and I kind of realized this is walkable & safe & affordable, I kind of think small towns are the future.