AKA, the risk is all my own.

Sounds like a decent proposition, check out the Marketplace.

I am curious as to what risk I would be exposing myself to with this approachMy banker did mention the possibility of giving out deposit only slips or ATM cards to tenants, but those come at a cost and he didn't have that info handy.

Thanks Rob Kniola I had thought so too.It would be held by a title company, but I think it unnecessary and somewhat risky.

---Although 2nd have the redemption rights, it seems to me that 2nd has much weaker stand to protect their interests compared to the 1st.So if the borrower gets the 1st loan from other lenders, say 80%, then seek seller financing as 2nd, say 15%, isn't it very risky for the seller?

Lubasha White i was at a 2mortgage note seminar and it sounds interesting but it is a very risky business i am intrested to educate myself more in the subject before jumping in

Another option (a risky one that I would not do myself, btw) is to get a loan from lending group for repairs.

.- I tend to be a conservative investor in general, so buying real estate in other cities that I really don't know seems a bit risky to me.

Hey @Jordan Lives I think a lot of it has to do with your own personal tolerance for risk. I

So risk I would argue is similar mostly.