Currently the mortgage payment is around $500, but paying the house off is a possibility.I am trying to, at the very least, push to try to make the house a vacation rental, given that it is in a pretty desirable area, 3 hours from the twin cities, and just a couple minutes from Lake Superior, etc.  

So Cal not only has been the superior investment but it would not even be close compared to the average locale.

You saw a newbie on here and decided to flex to show your superiority and ended up looking like an ***.

Is my reasoning correct that once they foreclose on the latest mortgage it will extinguish other non superior liens ?

However, if you are eligible for the Solo K it offers superior benefits to SD IRA. 

I was not trying to imply one investment tool was inferior or superior to the other, just trying to clarify some differences between the two with regard to real estate investing.

Our prices are vastly superior to Philly. 

As long as the loan to value (LTV) and the superior mortgage to subordinate mortgage ratio.Wrap mortgages = The benefit of a wrap mortgage is that underlying first mortgage is available when the wrap mortgage is satisfied.

@Tony Mbuthia-  1) the  pricing of a  loan  wont be  detemined  until you have a  purchase contract so the pricing you  obtain from any lender   before  having a  property  is something you should  be able to   do  some  comparison  shopping   2)   if  contacting  multiple  lenders  to  get   pricing to  compare  -  use the  same  scenario - call them  on the  same  day  and  ask  your  questions and  ask for  quotes  ...do this  so you can compare  apples to  apples   and  dont compare a  quote  from last week  from one lender  to another  lenders   quote from today   3)   be aware soem  lenders  will  provide  super low quotes  and  also wont  include all the   3rd party fees    ( title /  appraisal /  escrow  etc )  when providing   quotes   so that their quotes  look  to be  superior  4) let me know if you would like a  sacramento Loan  officer  referral 

It seems the training is more extensive, this particular office is nicer, I prefer their splits and believe their systems/technology appear superior to HER.