YUP  the first remains in first.. the wrap is junior to the first.. its does add a level of complication though if the first position lender needs to do a Deed In Lu ..

In fact it may actually complicate litigation in the event a claim were to arise while adding additional insurance expenses to your real estate operation.To explain why this is the case I’m going to ask one very simple question: In the event a tenant dispute, premises liability, or any other claim were to arise, what prevents the Plaintiff’s attorney from merely listing your wife who it seems is the property deed holder in your fact pattern as a Defendant?

The fact that this is a growing technique indicates how unfair the Landlord-Tenant laws are.

@Rajagopalarao Paidi  some areas of the country it is perfectly normal for foundation issues given the soil types and building techniques of the time.

I have no idea why (never had a single fraud issue), but after spending several hours going down the rabbithole of figuring why this happened, we just want a solution.Some of the other banks we are with seem to make it overly complicated to have more than a single account.Any recos?

I am definitely the one doing the work on the LLC as well as the tax complications being lower with a single member versus the spousal partnership.

@Ryan ClearyIf you’re seriously considering getting leads from an outside source like Zillow, I’ll give you the same advice I share with my flipper clients:A great strategy for any flipper, investor, or even realtor is to develop their own off-market seller marketing techniques.

@David Jenkins I learned from the Lance Edwards Big Money in Small Apartments Bootcamp and applied his marketing strategy and analysis technique to mid-size and large apartment buildings with good results.

Even though it’s tempting to get a head start on the roof due to the weather, having workers in the property while the seller is still living there can create complications.

Albeit, when we building materials started to increase significantly, that complicated things and we had to just keep going.You will lose MORE if you sell a half-built property, than if you take it to completion.