That is provided the borrower has the capacity and desire to pay the loan back.

Part of the reason why new construction is not generating the desired returns (4% to 7% if you strectch) is because of escalating construction costs.

The biggest risk in buying a junior TL is that the other lien holders won't initiate foreclosure because they are just interested in collecting interest or they don't have the funds or desire to initiate foreclosure. 

The market is pretty competitive here and it's not cheap unless you want to dig into the "less desirable" areas but there are deals to be had.   

With a short supply of homes on the market and limited new construction, communities that were once considered unsavory are now becoming desirable investment opportunities.

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hi, I am extremely interested in this business and have a desire not only to be successful, but to learn how to change the lives of people.

I think the prices are still reasonable there too and still desirable area for the young crowd.

I recently sold a property in a less desireable neighborhood that I got for $25K and rented for $700.

In a rent-to-own/lease-option scenario, you're working with buyers that typically have bad credit but a desire to own.