If they default, you are in 1st position and take the home back.I hope this helps... and please if one of the options makes more sense to you, please let me know, I can go deeper or at the very least point you in the direction of a lawyer who has done these types of transactions. 

I'm looking for a mentor in the Bay Area (as far as up to Sacramento) to help me dive into the world of real estate investing.

I'm looking for a mentor in the Bay Area (as far as up to Sacramento) to help me dive into the world of real estate investing.

Hey Team, I’ve been listening to all of the recommended podcasts & books & have done my best to understand what I can before diving into my first deal, but I still have a couple of specific questions I’m hoping someone can help with.

If you come across a florida listing I'd love to dive into it! 

Have the entire value of the property as equity (no debt) the denominator is huge and your returns take a deep dive.

What got my wife and I really over that hump was watching his youtube “deal analysis” videos that dive deep into the numbers of former clients they found house hacks for.Here is the link if interested:https://www.denverinvestmentrealestate.com/Feel free to PM me if you have any further questions or want to discuss the house hack we currently have.Best of Luck!

The analysis to purchase a property has to be deeper.

I just recently gained an interest in house hacking and would love to dive into it. 

I know there is a wealth of knowledge and I'm excited to dive into everything.