This will give you an idea of what kind of budget you can take on and in turn, give you an idea of the kinds of properties you are currently in position to target. 

, the 1st position lender is now your best friend.

These lenders also tend to understand the position you are in as a borrower and will work with you when issues arise and trust me, if you are involved with enough rehab/ construction projects issues will arise. 

Some years ago, the IRS compliance chief speaking at a CPA conference told us explicitly: we will impose preparer penalties if you guys take an incorrect position based on OUR incorrect publications, because you should know better. 

Yes they are turnkey and sell in multiple cities across the US.I live in New York and it’s just too expensive here to ever see any positive cash flow so I’m looking to buy out of state. 

The cadence these days really is still a first-position cash-out.

Hi Everyone, I'm trying to get some info on recording a second position lien/mortgage on an investment property in Texas.

Talk to some professional property managers in your area and see if they have a part-time position available.

Understandably, investors are looking to tap or access increasing equity positions, many for reinvestment or property portfolio expansion. 

I also find it humerous that these same buyers that whine about RE brokerage fee's will think nothing of a wholesaler who has no ability to close and is just looking for an assignment fee and they will tac on FAR more than a 6% fee.. and buyers think they get some sort of deal because its off market.. when in fact its on market wholesalers advertise like mad to sell their contract positions and talk about fake news how about fake values and rehab amounts.