Lenders today will want to see: Current property values and existing liens,  Your overall portfolio debt service coverage, Clear exit strategy and projected costs to complete construction.

Do bank put lien on my free and clear rental property. 

If they complain and say you could stiff them I say "yes I could and you could stiff me", but you can lien the property and I cannot lien anything...

If I’m trying to fill a vacancy in December, concessions beat price cuts.As for starting the search for property number three, personally, I wait until the current one is stabilized unless the deal is outstanding.

Adding to what Caleb and Bo said, Section 8 with tenants already in place can actually work in your favor for BRRRR if you approach it right.The key things to verify before closing: get copies of the HAP contracts (Housing Assistance Payment) so you know exactly what the housing authority is paying vs tenant portion, check when the annual inspections were last done and what was flagged, and confirm there are no outstanding repairs the HA is requiring.

I'll admit I've hired a ton of contractors without insurance, licenses, lien releases and all that official stuff many times.

@Michelle Backer I can't speak directly to NYC tax liens as I invest in Maryland.

To add to the situation, one of the properties now has a tax lien on it and based on Google maps imagery from last June, I'm pretty sure they're occupied.

Simple steps like checking public records, prior foreclosures, lien history, and entity status will usually tell you far more than testimonials or follower counts.

That’s the definition of junior lien.