If things go south, it won't be long until you are staring at a 36% interest rate.Also, be cognizant of the effect this will have on your credit score for your subsequent projects.

The subsequent buyer could be an investor and it might be more valuable to them as occupiedOwner occupied loans give a buyer 60 days to occupy the property, therefore there is plenty of time to remove a month to month tenant

I overcome that objection, set the appointment, and then subsequently get the contract signed on a State Contract.   

Investors who want the real estate should read this, also, because sometimes their plans go astray and an owner redeems.In Alabama, someone who wishes to redeem their property from a tax sale must pay 12% per year interest on the taxes due at time of sale plus all subsequent years' taxes and interest. 

Here are the things I will work ON: (I will explain each one in subsequent posts under this forum thread)1.

As someone who has owned real estate, stocks and businesses, all I can say is that the analogy used in the original post is flawed, and therefore all subsequent discussions referring back to that analogy are flawed.Owning a non-controlling share of a company (i.e., typical stock ownership) is not analogous to real estate investing. 

How much are you planning on increasing it in subsequent years?

But, I subsequently obtained a HELOC within $1000 of my original mortgage loan.  

Deals like these include wholesaling lease options (lease option assignments), sandwich lease options (which I hate), buying homes sub2 and subsequently selling those homes to retail buyers using: mortgage assignments, land sales contracts, deed installments/installment sales, and mortgage wraps.Hence, you're wrong.

I understand being able to buy the subsequent liens and get 18%, but I really don't understand paying 4-5x of a premium and being able to make an adquate return?!