Technically the 2nd lien slid into FIRST Lien position when the superior 1st lien got paid off and released.

Here's a fun stat - a 9% annual return, which is reasonable if you re-invest dividends, gets 8x your initial investment in 24 years.

Guess I never paid attention, I just know on some more expensive items I just figure to go in the store (i.e. new xmas tree this year was $600) so worth the few mins extra time driving versus having it delivered to my door to get the 10% discount, but I never calculated if it was actually 10% just paid once they rung it in with discount. 

Using your paid-off primary home as collateral could be a smart way to refinance your rentals and lower your rate, especially since they have little equity.

essentially, I am looking for a way to liquidate some assets for a down payment and offset the capital gains tax someone mentioned a securities base line of credit, I’m wondering if maybe that’s the way to goCapital gains are considered “portfolio income,” and so are interest and dividends.

One is a condo, paid off, actively renting.

They haven't paid in several months as we have tried to remediate the issue. 

We paid exactly according to the contract—and even paid an extra $5,000 just to try to get them moving—but all we got were more delays and more demands for money.

I screwed up at had $40K of debt twice and got it paid off.

They paid a down payment in the beginning, they pay a little bit more than the current mortgage payment and so i cash flow a little bit and then they will pay a balloon payment in about 8 years of around 200k.