Getting all your money back and still be cash flow positive?

Hello Rick, I've only come across 1 company to do 2nd position DSCR Loans, here is his contact info.Erik EstradaLuxePrivate Investments LLC Loan Originator, OwnerDRE 02161719 | NMLS 2289340Direct: 818.269.7983W:https://luxeprivateinvestmentsllc.com/Schedule: https://calendly.com/erik-dra

There are positives: Location and appreciating market.If you're looking to hold for long term appreciation, that would make sense.

One landlord I know told me that this can send a positive signal to tenants that they will likely end up embarassed when facing eviction and it might be best for them to move out on their own.

but... in my experience, you will be in a stronger position if you build a network of humans by going to real estate meetups and really learning a market.for example - here in Pittsburgh we have a lot of old houses that need big rehabs. and the best software / AI in the world can't help me, because it doesn't know the conditions of the interior, the sewer line, etc. for most of them. 

So it can be deducted even if it’s a 2nd position on my primary and not a first on the rental?

You have to network, and listen, and show up at the right places, at the right time, seek out the right people, put yourself in the right positions. 

I think a lot of things can be a value add depending on how they're positioned.

Hi Jethro-Great question and position to be in.You purchased a primary home last year with a substantial down payment at 7% interest rate. 

the only way that would bother me is if it was a flip and it was going right back on the market then thats an issue.. if the property numbers still hit your target returns the 10k will be long forgotten 10 years from now when the property has been positive cash flow the whole time and has gone up 20 to 30% in value..