The quality of the home surpass the quality that these other builder homes are making.

2nd liens are the best way to lose your money, are you lending personally, or are you working as a broker? 

Smart LPs need to look deeper if they are to make good selections.The sponsor’s number one job isn’t to buy real estate—it’s to not lose people’s money.  

Let's Make It Happen!

However, unfortunately rental income does not cover all of the mortgage on this property, so I will also have to transfer money in from my personal account to the new checking account.I hope that explanation made enough sense to follow.

Definitely try and make it to a meetup - there are a lot of good people around with a lot of good advice. 

Many older people have equity trapped in their homes or have low mortgage rates that make selling and moving difficult.I think it’s wonderful that older adults have the option to share their homes.

What are my options as far as securing that second mortgage and what would you recommend, Conventional, FHA, Hard Money?

She’s only 22 and doesn’t really know what she wants to do with her money she’s making from the military and the healthcare field. 

The price to income ratio on SFRs in my area did not make sense any longer so I transitioned to STRs.