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Can a cosigner also be a lein holder?

I understand the differences of these two roles, but can one person fill both roles? I think having a cosigner can help with financing, but I don't see what the cosigner gets out of this. However, if the cosigner lends a little bit of money to become a lein holder, then I can see how they could still get something out of this if the borrower fails to make payments.

I ask this as the borrower, but I would be interested as the cosigner/lein holder, too. Also, if it matters, I live in Oregon, but I'm interested in investing in OKC and Oregon.

Thanks in advance!

submitted by /u/70kyle07
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source https://www.reddit.com/r/RealEstate/comments/1jch87j/can_a_cosigner_also_be_a_lein_holder/

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