Here are more details:First opportunity is a buy and hold 4-unit property in Yonkers, which could be a good option to walk into as a first time buyer as I will start off cash flow positive, but it's in an area that will not see as good annual appreciation as the 2nd opportunity.

Here are more details:First opportunity is a buy and hold 4-unit property in Yonkers, which could be a good option to walk into as a first time buyer as I will start off cash flow positive, but it's in an area that will not see as good annual appreciation as the 2nd opportunity.

I'm not positive, but I pretty sure the only place a lien is on a title is on the front of it.

That’s too expensive and generally they need 10 days to 2 weeks notice in advance for comprehensive title report.

I've def. noticed Xome countering bids, although I think there was actual bidding on the 2nd auction.

@Christopher Phillips I'm referring to a property management field position.

The extra, called positive cash flow, is the money you are making.

As in, a 10,000 person town I'd stay away from - you want a reasonably diversified economy...Here's the main concern I have with your startup plan - Inevitably investing out of your area will put someone locally in a stronger position with regards to negotiating. 

I noticed that my closing costs where wrapped into my loan in the BP calculator images I posted originally.

People says its a rare occurrence for lienholders to call the note as long as they are getting paid, but they have a right to call the note due in full if they found out the owner sold it to you in a second lien position. 3.