So yes, you can find over the 1% rule and positive cash flow here!

Again I am not advocating for this company and each person needs to do their own DD, all I am saying is I appreciated someone seeing something, calling me on it and having a conversation about it. if @Cheryl Abram  lost 100% of her investment then these must not be first position loans.. as even if a rehab fix and flip fails you still have SOME value in the assset its not nothing.

Buying at the mortgage balance (~$150K) positions is under the fair market value and can trigger gift tax rules.

We believe the best way to do this is:To ensure sustained occupancy, positive tenant reviews are crucial.

More people are choosing to rent as home prices rise, which means investors holding rentals are in a good position to capitalize on steady demand.One of the biggest shifts we’re seeing is the increase in inventory.

I would assume that what led up to that situation likely has an impact.  

Address Your Financial ProfileBridge the Revenue Gap: Highlight your equity in the duplex and use your sale proceeds to demonstrate “skin in the game.”Partner to Compensate Experience: A financially strong and experienced partner can help offset your limited track record.Focus on the Land Deal: Secure the land at a good price, as it’s a crucial step in gaining credibility and attracting partners.Final ThoughtsYou’re entering an exciting and impactful space in real estate development.

I would highly recommend you listen to all the podcasts from Kenny Bedwell - Cashflow Positive.

I’ll break down my thoughts on your current strategy and then toss in an alternative idea for you to chew on, since you’re open to almost anything.Your Current Plan: You’re in a strong position with that $1.4M paid-off student rental and the second one carrying the mortgage and living costs—that’s a fantastic cash flow engine.

I don't know, it sounds kind of weird but my friend is kind of freaking out about potential liability since the lien was literally placed on the house essentially hours before closing. she needs to contact whoever wrote the title insurance.. the attorney is just an agent for the insurance carrier.. that should fast track.. this happens I have had it happen to me by crooks/criminals literally who put a mortgage on a property 15 minutes before my title company recorded my mortgage so when my title policy came out i was in second position not first position as my escrow instructions stated I needed to be ..