These activities include shopping for mortgage, communication with lenders, going to open houses, doing comps for putting in an offer, analysing disclosures, and closing activities.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

We invest in notes but prefer first over seconds because seconds typically carry much higher risk - for example a jr lien could be 100% wiped out in a bankruptcy whereas not happening with a firstPros and cons to all - if you at buying at auction with liens still attached most lenders will want the full payoff or foreclose

This discrepancy was not previously recognized by myself or the mortgage lender until I received correspondence from my lender indicating that the insurance policy holder's name must match the property owner, in this case, my Ilc.

@Douglas Skipworth,Like Jay, I am required by lenders to update annually with a rent roll and PFS. 

Most banks and lenders will not allow seller held 2nd mortgage/lien. 

None of the traditional mortgage lenders I've talked to so far are willing to do this, as it's more of a commercial loan. 

I’m a lender and investor in Charlotte.

Careful - sometimes the notes for sale are the ones that lenders don't want on their balance sheets. 

I had to jump in though because I was advised that you can be sued for the equity in your houses, not for the remainder with a loan on it (basically that portion is considered your lender's, so can't be taken in court).