You may want to have one of the moderators move this to a more suitable forum.

(like leveling the floors, patching holes in walls, changing out the broken windows, painting and moderate Kitchen remodel, skip the permits on the remodel etc) . 

There is no charge for using the site and I have absolutely no connection to the site other than I have met 2 of the moderators and some of the investors who post.I come from the hard money side and spend a good bit of time with other folks dealing in notes.I would post the URL here but the policy is not ban such posts.John Corey

. $80k first position plus $20k second position on a $100k property would be 100% CLTV.The only 100% CLTV out there is down payment assistance programs for "moderate to low income" FTHB, which just for laughs is defined in the SF East Bay Area as less than $204k/yr at this point.

I invest in residential real estate as well and know that is what BP is for, but I thought there may be members with expertise to weigh in on this issue as well.I look forward to the discussion and if a moderator feels that this discussion would fit better in another area of the forums, please feel free to move it.

I then plan to use savings and any equity in my primary residence through a heloc or otherwise to continue to fund more multifamily (or possibly other endeavors) at a moderate/conservative rate, all while the investment properties pay themselves down where I will either continue to live off of the higher cash flow once they're payed off or sell some or maybe something else.   

My ultimate goal is to maintain a moderate lifestyle through passive income through rental properties and as a hard money provider.

I really want to grow within a moderate risk tolerance, where debts are covered and there is still positive cashflow even at the worst of times. 

It's a modest start: a $50k condominium that we purchased for cash in need of only moderate cosmetics.

Btw, BP moderators, I see very few people using the quote feature in their posts anymore since making the site more advertiser-friendly.