I am a mechanic or engineer- my background is in the construction fields, I owned my owe business for 12 years and lost it all in the last market crash and said I would never do what I did before- now I am at a hospital working in engineering- I do have a rehab but my stamina is a little less than what it was 14 years ago- I'm thankful for my day job but I know its not where I want to be so I feel the pain- the biggest thing you got to do is find the right deal- something your day job can afford ie.. rehab, foreclosure a deal that makes sense- bite the bullet and buy it- you will have to get dirty, do the work your self and don't fall in love with the property, find the best market move for it and get rid of it or keep it as a rental, do it againkeep crunching numbers and looking at properties one will be there for you there everywhereGood Luck!

Might be the thing that make a buyer fall in love with the home.

Whatever HML lend you use would hold the majority of the debt and if it falls through then so be it.

Being in Texas:Option greater than 180 days are not legalContract for Deed is not legalWraps can be done but I urge you to use the services of a Lawyer who specializes in this area as creating a new loan can fall under the requirements of Dodd-Frank

The drive thru and the mini storage could potentially be mobile, ie. steel shipping containers, which I could take with me should the lease ever fall apart / expire.

They are the last thing that rises in price and the first thing that falls.  

Alternatively, the first mortgage may have a due-on-sale clause, which the first lender may activate when they learn about the wrap loan, meaning the first mortgage suddenly becomes due in full without any funds available to pay it.Current law has failed to prevent these scams and make victims whole.

Purchase price was $1.1M, purchased fall 2016, but we sold our home to purchase this, so 90% of the downpayment came from our house.We're now working on a refi to pull out cash for the next purchase (we rehabbed all units and want to pull our rehab budget back out of the property).

It doesn't necessarily follow that prices will fall. 

If that falls through I have retirement funds that I can tap but I'll get hit with the 10% penalty and I really don't want to do that unless absolutely necessary.