i.e pay the back payments, interest, penalties and other costs on the senior liens.And sorry wasn't trying to get technical, but since I've never been through a redemption I was just throwing what I learned out to see if I was given misinformation.

What are the terms/penalties you have in the original home owner's L/O contract, and what are the terms/penalties for the L/O between you and the Rent2Own buyer??

There are several commercial loan programs that allow for 90 LTV in both a STATED & FULL DOC versions---what are you seeking to finance?

Hey there scott,Nice to have you join are site and just to let you know you will find all the knowledge that you seek!

These include penalties, legal fees etc.

I am here to seek guidance and help if at all possible from many of the boards veterans.

Once you decide where you want to start, focus all of your time and energy seeking out the resources necessary to help you accomplish your goals.

I hope you find what you seek here on BP!

I travel constantly for work and am trying to think of a creative way to leverage that lifestyle to seek good deals across the US.

The owner originally was seeking some form of financing, but was too deep, thus the opportunity to have a private investor step in, which would be me.