Hi BP members I wanted your insight regarding my tenants request to install security doors in one of my SF rental.

So what i have in exchange money could become quite a number of units, depending on how much leverage I would want, and dependent on securing such a loan.The issues i am having, are this:1.)

Hey @Michael Bayrakeri do you already have the lot secured?

Then detail charges on the security deposit reconciliation for rekeying the unit and for the cost of the cleanout.CRLTO 5-12-130 Landlord Remedies:(e)Abandonment.

I use some of those same techniques you do. 

What generally happens to the property securing the loan?

I want to use the multiple options offer technique I’ve learned on BP...A cash offer at a low number, a slightly higher offer where the seller carries 20% financing, or his asking price with 100% seller financing. 

The property is located in NJ and the lease is 50% of market rate, zero security deposit with specific disclosures that property is subject to foreclosure (but does not explicitly say lease is automatically terminated at that point).

If however this is someone worth millions with a personal guarantee who just wants to limit cash down then their might be more security behind the second.Step 4 will the borrower cross collateralize the second note?

You'd be surprised how many people would happily put their money in a guaranteed 10% return as long as it is secure.