If the 2nd is foreclosing, the first mortgage does not get wiped out and the lien and the debt will remain in place.

-I want to look back and say 2018 is when I changed my life.I'm just sharing so I don't lose the motivation over the next year or two.So far I've just been saving for the wedding not investing yet.

Very new to this and just wanted to find out more on how to find motivated sellers

but he has no urgency and isn't motivated to get anything done. afterall, he is 70 years old.

The mortgage is $950 (25 years remaining @ 4.25%), HOA is $35, lawn care is $30.

Enjoy the positive cashflow from those remaining 5 properties.

Some condos the owner may be responsible for the furnace or hot water tank so you would just capex the remaining life.

I have found some books just ramble on for pages and pages to the point that you learn more about their story and motivations then any actual information that could be helpful in real estate, so just want to make sure I know what I am purchasing.

When you hear "small business loan" that is normally for office equipment, inventory, things other than real estate.I understand the motivation - I once thought as you do - but that's the reality of real estate lending.  

I'd like to sit down with the owner and talk about the motivation to sell the property.