I want to learn what is vital and ignore anything that is not.I appreciate any feedback!

This doesn't even account for additional liens etc. that can be added on after the second is bought.Since the first is still on the property many liens can be attached.Contrary to popular belief the the 1st and the second are 2 different loans with different payments and numbers.The asset manager on one loan has the duty to limit losses for that one loan while the other AM handles the first.So the first and second positions have different goals in mind.Many seconds are worthless.Example had a customer call the other day.4 bed 3 bath bought in 2006 for 160,000.1st 130,000 second 30,000.Now properties are selling foreclosure for 89,000 REO.

This is a vitally important concept in surviving as an investor, especially as we go through the contractions of the economy.

Would you rather pay $0 and have someone working for you who has a fiduciary duty as an agent to keep your best interest paramount OR would you rather pay $0 and have someone working for you that is the client of the person on the other side of the transaction?

Vital) and visit on occasion.Where are your real estate areas in Winnipeg?

I see the 1st month's rent as compensation for performing the duties of placing a tenant.

I’m active duty military and could deploy within the next year - so obviously I can’t.

That's right @Joe Splitrock, time and money are vital!!

There are several real estate programs in the DOD SkillBridge program.Go to the following page and search "real estate" to see what's available:https://skillbridge.osd.mil/lo...I'm active duty Air Force and will look for this opportunity next summer.If you have any other questions, please hit me up.I wish you all the best!

My husband is Active Duty Navy so I travel a lot, but I visit Memphis often.