Any private lender is highly unlikely to go into 2nd position behing seller financing, and most are not going to want to have a seller finance lien involved at all.

If you are planning on renting for a while in Mobile Midtown and West Mobile are usually safe bets.

You can certianly post whatever you want here, and you do have some good comments already, but I bet if you were to post this in the multi-family forum it would get a lot more traction.  

3 years in prison and does he keep the $30M (if so, I would guess a lot of people would take that deal)Over the course of approximately two years, Onofrio completed 68 deals involving $420,564,795 in fraudulently obtained bank loans.

Best bet is to bring the deal to someone with the cash and get a piece of the deal.

The easier route is the BRRRR and honestly that's the safer bet in 2026.

Can anyone with experience in managing property out of their area comment on the difficulties involved?

.: You would have to be NUTS to get involved with one of these multi family investments right now.

The remaining amount needed is the cash-to-close portion (up to ~$35k) alongside a first-position hard money lender funding the purchase/rehab.On the lender side, the HML is comfortable with the structure because the deal is being executed with guidance from my mentor/partner Phil, who has a track record of completed flips and is involved in underwriting, scope, and exit planning.

Bet you WON'T find one!