If you see a bunch of title issues (multiple mortgages, liens etc) the approval will be more difficult.

You pay $150,000 down and borrow $1.35 million from the second seller in a first position lien.

These are the outstanding balances of loans to and from Partners and Related Parties.

Some people only want 10-20% of their outstanding lines/debt balances available while the other 80-90% to be in fixed rate notes.

hey David,As a broker, I have several options if you're looking to only touch the equity in a second position lien on investment property. 

If you've done a complete renovation—say, updating a 60-year-old building to 2025 standards—their quote could be outstanding.

Without an ITIN/SSN, I'd be worried about running into KYC/AML violations, fed tax liens, the borrower being deported, lien enforcement, etc.

We have a HELOC of 80k outstanding so I think the cash on cash return is only going to be 2%.

Unlike a foreclosure, a deed in lieu of foreclosure does not extinguish any of the liens and encumbrances affecting the property.Most courts recognize the execution of a deed in lieu of foreclosure in a transaction subsequent to the original mortgage transaction as a legitimate alternative to foreclosure proceedings.

-Start at a title company- they will help you structure liens and deeds so that your interest is protected properly.