Looking for an attorney that works with investors on creative financing deals.

Some are also wholesalers or syndicators structuring deals this way for easier transfers.

I have seen 20-30% on 2nd liens in the past, not uncommon - especially if its a wonky type of deal (not your standard single family but land, development deal etc).I have started seeing some who have 30-50% 2nds from HML on single families. 

@Jesse Simmons  I did a similar deal as this in the past. 

I have sold all but one of my personal investment properties and decided to invest with others in passive deals with sponsors of larger apartment complex's, trailer parks and others.

Access to off market deals has more to do with someone's ability to network, know their resources, and continue to track down those sources until the right deal comes along.

What made you interested in investing in this type of deal?

Talk with the owner and a lawyer on how the specifics of a deal are structured. 

@Tom Grieshammer have you considered partnering with someone on a deal rather than doing the deal on your own?

This is not the case for the majority of metro areas across the US.In less hyperbolic markets there wasn’t an intense amount of speculation so operators didn’t pay high and are weathering the storm on interest rate resets and are finding a way to refinance Deals with maturity walls.I am finding that a lot of killer deals with my clients are happening in the sub 50 unit deal space for those who need to sell, because there’s much less competition in a chase for yield.