Hey @Brad Hills! 

We used to use the ‘second mortgage crank”, seller “silent” second, substitution of collateral, and mortgage “subordination” to achieve this goal.Legal clauses later placed into mortgage and deeds of trust make using the second mortgage crank, and seller silent second fraudulent; various laws destined to protect sellers by requiring full and honest disclose limit the effectiveness of subordination and substitution.  

Quote from @Terrance Hill: Welcome, Frank!

Hey @Nina Dyson Hill,Welcome to BiggerPockets!

One thing I remind clients of all the time: if you don’t plan your taxes, the IRS becomes your silent partner—and usually takes the biggest cut.I’ve seen it happen to investors at every stage:Flippers who crushed a deal but gave 40% of profits away because they didn’t set up the right entity.First-time landlords shocked at how little they actually “took home” once taxes and expenses hit.Multifamily investors who could’ve saved six figures with cost segregation—but never heard of it until years later.1.

Little update, I got a silent partner to go halfies with me on a lot.

Appraisals can be the silent deal-breaker in real estate.

Quote from @Terrance Hill: Good question, Kenan — I think most serious buyers will tell you it comes down to numbers first, story second:Numbers: A deal has to make sense on the buy.

Hey everyone,
I wanted to get some perspective on a situation a friend of mine is dealing with. They’ve done a couple of private money lending deals, had agreements and promissory notes in place, and everything looke...

Quote from @Paul Azad:It is not whining for BP members to complain about a complete loss of capital and a former BP Darling Marco the turn-key real estate expert from going RadioShack-silent for a month.I know this is a serious conversation, but this made me laugh and I feel like it's an underrated comment.