Be prepared to aggressively follow up with the sellers to get the deals locked up.Hot Leads: 2% to 5%.

If you have mony in the deal and it is no longer bringing a proper return it may be time to move that money into another property that will return more.  

I would try not to tie up any of the principal in down payments.Personally, I had a family member do this same thing, but they used an investment portfolio as the collateral instead of real estate.If you play your cards right, this might be the only short-term money you ever need.Please let us know what you end up doing.

@Chris Seveney - Chris I know you know this, but sharing this for a lot of less experienced investors out there. 

You can also contact a local alcoholics anonymous or other organizations and let them know you have space available for anyone living sober.

Hi: Carsyn, I'm in Oklahoma, curious to know what your platforms buy box is for SFR.

Because they know you'll probably never make a claim, or your claim won't qualify. 

I have seen 20-30% on 2nd liens in the past, not uncommon - especially if its a wonky type of deal (not your standard single family but land, development deal etc).I have started seeing some who have 30-50% 2nds from HML on single families. 

I help investors all over the metro locate deals. 

I'll see if they have a program for this deal and I'll follow up with you.