From what I've learned in this business is that you're not only investing into a deal, but into the people of that deal.I believe that real estate is a game of strong connections, not expensive playbooks.

Green for low and red for high property values.

Many of these lenders allowing 2nds behind them are more expensive capital (10's - 13's in our current market [high rates - but now showing signs of coming down]).

Common sources of such properties include:Foreclosures: Homes that have been repossessed by banks due to non-payment.Distressed Properties: Homes that are in poor condition and need a lot of work.Auctions: Properties sold at auction for below market value.Off-market Deals: Properties that aren't listed on the MLS but are available for sale through direct outreach or networking.The key is to buy a property at a price low enough to ensure that even after renovations, the home will appraise for a higher value.2.

To clear it, you often have to do an expungement or a quiet title action via a lawyer which gets expensive quickly.   

I'm planning on doing a str loophole so low priced str won't work well for me 

That’s why you get a discounted interest rate and a lower downpayment, because owne occupant properties are low risk. 

They are expensive, but that keeps only the serious players coming back.

Due to high premiums, expenses increase, and cap rates and cash flow potential decrease.

Cash flow often being reinvested into property expenses, which can make it challenging to rely on alone.