:- Capital is tied up with an unknown repayment period and relatively low liquidity (I understand that liens can be sold/assigned, but I am not aware of any real secondary market for them).- Limit’s capital available for purchases of new liens this year.- Purchasing subsequent liens doesn’t improve rights to ultimately foreclose on the property as the senior lienholder would just pay off junior lienholders in the event of a foreclosure.Most of the institutional investors I have seen at the larger auctions were purchasing liens at a 5-6% premium last year (on a 9% note).

Now if its a smokin deal and the 3 to 5% is easily absorbed then its worth it but you still need cash down  .. or you need a friends and family's to help you out.leveraging up 100%  to buy rentals you want to be careful there if you don't have a bunch of cash reserves since your tying up your heloc for the purchase  leverage to the eyeballs can be great if everything plays out perfect  if not it can be highly stressful.  

Rent will be prorated through August until I find a tenant minus costs until sept 1st at which time I will return the remaining deposit minus costs.She seemed satisfied with that and happy to be let out of the lease.One change I made as a result of the comments here is to start asking if they have pets or are smokers, I mention No Pets, No Smoking, twice in my listing but still have people apply who have pets.

TB Rays tied w/ Boston now??

House is selling for 660K with 300K in outstanding loan.Few options:Pay 50K in taxes and put the remaining money in VTSAX (Vanguard fund)Roll the money into 1031crowdfunding.com or kpi1031 or something similar in 3 different properties and get around 5% monthly cash flowPay 50k in taxes and put the remaining money in Norada Promissory note to get 15% monthly cash flow (I am accredited investor)Buy a turnkey property for 660K to 1M – preferably a duplex/fourplex.

The loan has since been sold multiple times, and I'm wondering if we are still tied to the original requirements we purchased the home under.Anyone dealt with this before?

hey Pete, a few different options i can think of based on your situation1) take out a home equity line of credit (HELOC)2) use a personal line of credit (not tied to your duplex)3) use a renovation loan ie 203K or homestyle.

Tie your identity to daily actions...the results will take care of themselves.  

Once i had that established, in addition to the attorney, I needed a survey, to finish separating the remaining utilities, meet the setback, minimum lot size and the other requirements to make the new legal lots separate legal interests.

Hello,I'm in Missoula Montana, where we've seen a crazy amount of appreciation and supply remains very low.