If the property goes through sheriff sale and the proceeds from that sale are insufficient to pay the first lien bid then the property will revert back to the first lien holder.

Sometimes assigned parking solves the problem of insufficient parking spaces.

(I'm kind of a science and human nutrition fanatic) Recently, I changed my major to Business... lol IDK what I'm doin with that. and I'm sure there is no "Real Estate Investor" as a major lmao.

He was really pushing a life insurance vehicle (EIUL), which I am skeptical of given the insurance companies' normally exorbinant fees on these type of products.Turning down free money from a 401k match is barely different from saying you aren't going to accept your social security payment when you are 66-70, because in and of itself it is insufficient for a full retirement.Sure, people have not saved enough for retirement in their 401k plans and overall they are insufficient unless you have saved 14-15% for 30+ years, but that doesn't mean you should throw the baby out with the bath water.

If the scenario did actually happen and Investor #2 did use an FHA loan with little down and was achieveing only $$900 a month of cash flow on four duplexes and a large expense did come and there are insufficient funds available (32k for repairs) it could be a major problem that can destroy ones finances.  

I was denied a loan request for a line of credit on a commercial rental property that I own due to "insufficient cash flow".

all transactions are broker to broker, and agents work for brokers).If there are insufficient funds to cover the costs at closing, then you can't close. 

I'm thinking of doing this because my $100K capital may be insufficient here in the Bay Area, CA, but will not rule it out.

I'm thinking of doing this because my $100K capital may be insufficient here in the Bay Area, CA, but will not rule it out.

I am a senior at the local University studying my other passion, Nutrition Science.