If the borrower took out the 2nd knowing that it was not a 2nd that is different than someone forgot to record.There could be liability for the title insurance company if the 1st was not recorded and yet a policy was issued indicating it was in 1st.This one could be fun or a waste of time.John Corey

Just know how long you can hold if appreciation stops or undershoots what you are expecting.John Corey

I would like to borrow hard money at a higher rate and start getting back on track.

Many hard money lenders avoid owner occupied properties.What about this borrower's situation is really going to change?

Heating, power, firewalls and other things.All of the above still does not stop people from converting.

Should I incorporate ( 3 mtg on my personal side of things is realy tieing up my debt ratio and my ability to borrow more funds)2.

i quickly found out not only could i do it, but i enjoyed working with corporations and principals better then residential borrowers.

In this case, you can buy it at https://craftresumes.com/cover-letter-writing-service/ and stop thinking about it!

It will be re-assigned to another broker/agent on their list.Listing residential REO ship sailed long ago.Many of my broker friends have stopped listing for banks and work on the buy side more as they pick up a bonus.On the REO side you get hit with BS certifications from asset companies wanting hundreds of dollars a year to be a MEMBER and POSSIBLY land a listing.When you do it's a POC (piece of crap) and you have to outlay a money with rekey and trashout,cash for keys etc. in some cases and wait for the money to be paid back to you.If you have a buyer for the property try to deal with FNMA.If you are just after a listing you need to go with a big reo brokerage already established and be a buyers broker.As local and regional banks have told me they get calls almost everyday from agents wanting to list their REO's.I am more valuable as I focus on the commercial side so they don't get as many of those specialized types.If you are the broker you can go to the local banks and offer to do it cheaper for volume and land business that way.Thanks

The problem is that even if you forbid them to use it, they're college kids" that won't stop them.