Theres nothing you can do with the Right of Redemption period, becuase the borrower may always come back and get the hosue back.

With seller assistance, you could configure a 95 CLTV loan program, but you would need a 20% seller 2nd.Regards,Scott Miller

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

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?

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'm looking to meet and speak with a seasoned investor who enjoys sharing of ideas and might enjoy assisting or joining in a rehab transaction or two.

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

Or low cost just means up front costs vs. back end costs (rate/terms).Borrowing 100% LTV is going to be tough/expensive unless you have close to perfect credit.Let us know if you find anyone.John Corey

He replied claiming that an assistant posted the work and she was no longer with the company.