:Ok...Discovered a new block, hope someone can answer.

About 3 years ago we had an unbelievably juicy deal that a banking institution needed to get rid of brought to us by a broker who had spent a full year following up, selling, negotiating, contacting, etc until he had a deal.  

Many of those loans don’t allow junior liens - so if your lien is discovered and they send the borrower a notice of default (because they broke one of the rules of their financial agreement) - then they may have a very short time to repay your lien (if they can).

This means setting up contract management systems,  instituting additional insured requirements, employ licensed and insured vendors even if they are not the cheapest options available.

My duplex had an additional unit built in the basement and discovered by city inspectors when a neighboring squabble caused buildings department to check houses on the block and my house had 3 mailboxes out front.

The guy that called actually worked for the institute that marketed the Carleton Sheets program & described how this place was much different as they provide more support.

what are your favorite tools to discover and compare real estate markets?

That or the absolute top institutions are doing this to make even the other 99.8% tap out of individuals tap out.

Bouncing payments or only being an illness or accident away from notbeing able to pay the rent, are issues considered by our underwriting.Letter Of ExplanationAny time there are credit issues or we discover an inconsistency, we require a written letter ofexplanation (LOX).

I financed this deal by connecting with the Total Quality Lending Team, whom I discovered through BiggerPockets.