In the majority of cases, if the foreclosure is in the first lien position then the subsequent loans secured by the property become unenforceable from a collection standpoint.

Thanks for stopping by my question. I would like to know how PMs, CMs, and developers hire all the construction labors who are needed for projects. I believe they hire from independent private agency. If so, what do y...

He would also receive $50k , secured by a lein, when I resold the property.

Hi I'm new to the group, but find it great educational material.I'm renting my condo in Florida through RE agent, and come to a situation where agent found a potential tenant for me, now the agent insists that I sign the lease with tenant and tenant is approved by Homeowners association before forwarding first/last moth rend and security deposit to me.

I have recently secured a stable job with good incomes.

The note the lender holds that secures the 1st mortgage/lien is signed by the original property owners.

Have them print it, sign, scan it, and email the lease back to you or mail it back with the security deposit and first month's rent.

Security State.

I have brought an investor on board to help me secure my first single family rental property.

My electric bill is for security lighting and the trash is a large bin shared with another 4plex.