ISO Foreclosure attorney in Atlanta.  I hold the 1st lien against a property that the borrower is now 3 months past due.  I would like to start the foreclosure process as soon as possible.Thanks in advance,Ronny

No partial payments accepted.I go over this in detail before the papers are signed; if the tenant feels they aren't able to meet this requirement, they might find a different property more suited to their situation.When MY mortgage holder decides I can make late or no payments, maybe I'll re-visit the tenant's payment schedule.

The debt holder is simply the person liable in the event of a default. 

However just the nature of the asset class's vis a vi where many Turn Key and other wholesalers work compared to the more expensive areas are just really tough to take on if your not fully prepared to do so and you have an illusion that a sales and marketing company has sold you on. 

We're all expecting prices to come down but with something like 90% of all mortgage holders having a rate below 6%, nobody wants to sell. 

Will the 1st lien holder allow a 2nd?

So if there is someone with unreported income living in the home the voucher holder probably doesn't actually need the voucher.

You won't necessarily have to worry with a license since our state's license law is nice and laxed in this area (a benefit until it isn't).Admittedly this forum is chock full of agents, flippers, buy-and-holders, and many other types of REI folks but scant few OKC developers lurk here.   

Most HMLs want to be the only lien holders.

Also had a young lady that rented for about 2 1/2 years under the program, got herself together and eventually purchased her very own home. so there are good tenants if you take the time to screen them.bad ones that i thought were going to be ok ended up with a boyfriend hanging around and police being called for disturbances all the time, or the lady that was taking care of her granddaughter but would allow her sons to stay there a few nights sometimes, well he tried to make a drug buy something went wrong and someone shot at him hitting my place, Now she had never been a problem and kept the place well but i later found out the son & a sister was living there for two month while the tenant was staying out of town with a friend.Section 8 get's a bad rep but not all voucher holders are bad tenants.Sometimes landlords just want the money and don't care who they put in their units as long as that voucher amount covers the rent.