And keep in mind that the rate on the 2nd lien will likely be 10-12% so depending on the cash flow it might not actually yield that much cash to you at closingMore importantly, it's just more debt so ultimately it sounds like you need an income-producing event to actually improve your situation and avoid some of the consequences that you mentioned

Rock on @Glenn McCrorey !

Both land investing and multifamily are great but what's best for you is more important.Land has no cashflow and is speculating imo too so personally it doesn't fit my investment thesis of buying property that produces cashflow.

Do you invest in other markets in Arkansas like Little Rock or Fayetteville - those seem to be pretty popular!

With this national exposure the investor producing the highest LEGITIMATE bid has just established “the market” price.I have found some strategies effective in building real wealth through real estate investing1.

And one would have to get with the companies that produce these debt instruments to rewrite them.. most banks use the same providers for their legal docs.

@Kyle Kline“Investing for equity and not cash flow” doesn’t mean “buy properties that don’t cash flow.”To me, invest for equity not cash flow means that the PRIMARY reason to invest is for equity growth and an increase in net worth and NOT cash flow.I’ve been investing for over 40 years and while cash flow is important, it’s not why invest.A property must be self supporting ie produce enough cash flow to cover debt service, operational expenses including repairs and replacements.

back then, it was not whether you would make a lot of money as mych as if there was a different purchase that would produce a better return.  

So Doorvest is getting everything that produces a high return and you get the aspects of real estate investing that have low a return. 

And some of them are structured in ways where they produce passive income.