As Charles suggested, you might buy the note from the bank, the first, go to FC and wipe out the subordinate liens.You will not be able to get an option from a bank, but could have it under a purchase agreement.

As Charles mentioned, according to GAAP.

Great to be here Charles there is so much information on this site I am trying to get this thing rolling in the right direction also another tip @David is to not get to spread out, I don't know about you but I get overwhelmed because there are so many directions you can go in but it seems each avenue of RE Investing fits personal characteristics of people for instance if your creative, can envision the end result, see potential pitfalls, and you like working with your hands maybe rehab would be right for you and so on .

Same as Charles - I have a database or spreadsheet that I use to evaluate each deal.

Charles, Thank you for the welcome!

The challenge, Charles, is to get them to sign up instead of lurking . . . perhaps the subject of another thread?

I agree with Charles.

Originally posted by Charles Perkins:I certainly monitor more threads now than when I first started.

Charles, I'm in FL but I perused the California code you sent...thx!

Thanks Charles,I am going to send you a colleague request.