. $170,932.80 does not include senior debt service, value add debt service and the asset management fee (which will deducted every year from the Gross Operating Income)Taxes - $47,232Insurance - $18,000Water/Sewer - $21,456Electric - $2,688Gas - $9,504Vacancy 5% - $25,601Maintenance/Repairs - $6,000 a year for the 1st 2 years (this is reduced from $12,000 based on the fact that since we are doing value add on the premises that it will be handled within that).

I am not a US citizen, but yes I'm starting my process with BRRRR deals. 

In your first example if the mortgage being foreclosed on is one the couple had gotten together, would've t that be senior to the divorce court lien.  

This site might also be helpful for NC State specific records  http://www.nccourts.org/Citizens/GoToCourt/Obtains...

Let us know how it works out - I would love to create a stacked financing with my own personal taxable funds taking the senior low return position and my IRA taking the junior high return position.  

We have talked with Chicago Title's senior escrow professional, and they told us it is not possible to structure a contract using "and/or assigns" with a simultaneous close in the state of Washington.

I make this recommendation after putting 5 kids through college, all of whom lived off campus during their junior and senior years. 

Also was the senior lien named in the case - as in some rare instances they will name the first so the bid does include the first and second, but that is where an attorney will come into plays the actual court filing on the county website would include that infoOut of curiosity what was the opening bid?

Here's a link that may be of interest to you:April 30, 2014 5:00 amGraduating college seniors face a grim job market little improved since President Barack Obama’s reelection, and many say they are concerned about their future.The effective unemployment rate, referredto as U-6, now stands at 15.6 percent for the youth, ages 18 to 29.

Page 245 from his "Guide to Investing" says:"If you are serious about doing business, then you do not want to do business as a private citizen.