We pride ourselves in keeping the forums positive, helpful, and focused on real estate (please, no politics, religion, etc.).

All of  their loans are first position mortgages with personal guarantee meaning if foreclosure does not meet the debt requirement, FTF can go after the borrower's personal assets.

Any other lender I've spoken to so far doesn't want to be in second position.

I have put all the numbers together and it came out positive cashflow.

I am just contributing positively with people who ignores the law for lack of knowledge.second:Gives landlords a bad name??

With everything so expensive within the east coast how can work cash flow positively?

I can see the advantages of being able to get a down payment to reinvest in a small MFR and I will be able to capitalize on my lower interest for some positive cash flow.All of the disadvantages I can think of involve some upfront investment for legal advice and work, time for further education and that's about it.Any feedback will be greatly appreciated.Thanks all!

Name: AnnetteGender: FemaleAccommodation Preferences: Own bed; prefer another female About Me: Friendly, positive, enjoys cocktails but appreciates my sleep ;) I have an STR in Tulsa, OK and house hack my primary in San Francisco thru Airbnb.

Meanwhile, the percentage of companies planning to downsize dropped to 37%, the lowest since 2021.Julie Whelan of CBRE noted positive net absorption for the first time since Q3 2022, signaling potential recovery.

This creates a negative initial position.