@Akinbowale AjiboyeMost lenders will not lend in second position, and the ones that do are usually going to require a much higher return than 2%-5%.

Here in Central FL, all opening bids start at $100, but the max is going to be all different based on the lender.

Apr. 1, 2010) (The Tax Court rejected a 1031 exchange because the taxpayer failed to demonstrate investment intent citing, among other factors, the taxpayers’ failure to research whether certain covenants permitted the use of the real estate as rental property and their minimal efforts to actually rent the property).

Hi,I am interested in learning about how to write contracts for private & hard money lenders.

Have you spoken to a lender?

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

pray and wait for the right deal Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

@Sara Habtom Your question is lender specific meaning you need contact and start asking these questions with a local lender.