In my opinion, it's a secure and reliable way to get started in the real estate field while starting to build some nice equity.

Here we have 2 weeks to return remaining security deposit.  

The previous owner did not have/give up security deposits.

Now tenant is suing for security deposit because of the charges I applied to security deposit.

Part of me wants to secure the property and sell it, i think this would be a easy sell. 

We buy wholesale deals and do private lending on secured flips locally for professionally prepared deals with all the i's dotted and t's crossed.  

the bank takes the property that secured the loan? 

The fastest way to repair credit is to use what's called Bank Round  RobinLet's say you got terrible credit you been bankrupt before and you want to repair your creditAs long as you have a good income and you can afford to do this step number one is to get $1000 together and bring it to let's say a big bank like Bank of AmericaGo see a consumer bank manager and tell them I ran into some serious trouble in a rebuilding my credit history I have $1000 that I like to put into a CD and borrow against for thousand dollars and pay it back as a consumer loan being reported to the credit bureauThe bank manager should have no problem using those security and they give you an approval usually quickly and they give you $1000.

They would have a note secured by re worth double their investment.  

It will also keep your Social Security number private.