So, yes it sounds like the private lender would be in 2nd lien position.

Hi Brandon,I'm not sure you need seller financing from the sound of it.   

The speakerphone thing shouldn't be necessary and it could easily be faked if you're really concerned.It sounds a little shady but might be legit.

So, both my wife and I are full time W2 employees and are in the 24% tax bracket, and I came across the short-term rental loophole which sounds really amazing for taking write offs and using them to reduce your W2 taxable income, but also equally difficult to qualify for, unless you are within a short driving distance to your property.  

Sounds like your agent didn't fulfill their obligations.

To me sounds like something an amateur would do who is trying to save a few dollars hiring the cheapest vendor option out there.

It sounds like you're facing some significant financial considerations with your rental property in Corpus Christi.

Additionally, evaluating your finances, searching for properties that meet Section 8 requirements, negotiating with sellers, preparing for Section 8 inspections, applying for Section 8 approval, and effectively managing your property are all crucial steps.

But at times can be a good place to start to build up a portfolio and future cash for investment instead of waiting for your equity or the world to decide we can have low interest rates… which sounds like that’s what you are suggesting for me to do.

@Alex Martens As the others said, it doesn't sound like this business is going to make it.