Doss Docs are cheaper than Lightning Docs from Geraci and they can cater to junior lien positions and cross-collateralizations, too.

I need credibility, either through working for a couple of years for a company or buying my own property, starting small, and scaling with time.Now, my plan is to graduate next year (Im a junior), and get a job in a firm as an analyst in order to build that experience and mainly cover my living expenses, while on the side buy my first small property and go from there.However, and this is where I start overthinking,  I still have 1 year left in school and I want to use it to my advantage as I don't have any expenses or responsibilities other than school yet, and I want to do my first deal.

I have not clue about this company but if their collateral was all defaulted junior paper and you have this situation  my experience tells me it will be a full wipe out for the investors and the owners of the company might tube it also..

That's certainly one of the factors since 1sts tend to have tighter margins than junior liens.

Best of luck, Junior

A "fronter" is like a "junior broker" in the movie, "Boiler Room."

Your only way to get cashout is a full-blown cashout refinance.Not aware of a lender that will do a HELOC as a junior lien to seller-financing.

@V.G Jason I’m a full time junior golf coach and also a college golf coach.

The guy is a total machine, and it is incredibly humbling that he is 6 years my junior but knows more about real estate and building wealth than I may ever.

It wasn't until then that I realized that I purchased a junior tax lien.