If I place a lien on my own homes ( res and rental), in my own name, for the full market value, will those liens protect me from other liens except possibly mortgage co, if they are first and largest?

The state is New York, Nassau County, Long Island to be exact.

I closed my first multifamily syndicated purchase this week (24 unit, 7 yr old high quality condos in Des Moines),but, my second deal fell through because the largest investor pulled out at a late stage and I didn't have a backup investor so couldn't get to closing.

Take away the green pillow on black chair you've got too much going on with the red, green and purple.Take the two black chairs and put them where the kitchen wall/island on the opposite end of the sink-maybe two plates right there- hard for me to tell if the chairs are too low for that space but I think it should work.Bedroom- put a nice painting above bed- add that second red pillow that you took off the black chair and tuck the sheet under looks very slept in- like someone got out of bed.

Chris unless there is land you can sell with this property or a way to change it's use I don't like this deal at all.Also the hard money lender saying they will mentor you etc. sounds great but you have to watch out for people that will separate you from all the cash you have.I think you would be better sticking with apartment buildings and line up permanent financing while rates are low.

If your goal is to buy more property, I would take the 1st loan.That's going to be the cheapest and largest loan you'll be able to get, unless you intend on continuously moving primary residences.

I have only done one deal and that was through a wholesaler, so I can't tell you from experience, but from reading a lot here and elsewhere, it appears the largest margins are usually (not always) made outside the MLS.

Hey Donna - I assume you belong to different REIA organizations there in San Diego and hopefully you belong to the largest REIA in that area.

Largest town is 25000.

However, I think shelter/housing is always going to take up the largest percentage of earned income.