Posted by Greg Meade on July 06, 2003 at 15:50:04:
Started reading posts here in june and just went out and did a lonny deal. probably should have bought his book b4 doing a deal but im a transplanted Texan and everyone knows we are slow learners. Have 2 more deals to look at next wed. and sun. and hopefully i will have some more basics down by then. I feel comfortable being lienholder on this deal, got most of my $ back already…what is the downside to deeding to buyers and placing myself as first lien?