Like what do you owe on the current hard money loan and what do you think the current value of the property is?

I don't think the typical sub-to deal would lead to equity skimming because they are likely close to foreclosure and there isn't enough time to rent the unit back out and make money allowing the unit to go to foreclosure.

I took no money from the cash flow (when there was any) and I never made a late payment to the bank.This fall, nearly 12 years after the bank gave me that house, and over 15 years after I knocked on that door - after evictions, vacancies, insurance claims, and never taking a dime out of it - I sold that house and placed all of the proceeds in a 1031 exchange.

He may have done all those things as I looked him up (a little too late) but also found some unsettling info as well as all the money making projects he’s done.  

It's a big money maker for architects, engineers, and contractors, but not a huge opportunity for investors, nor should it be. 

Make sure you purchase at least as much as you sold or greater, and all of the cash you would receive from the sale.You could even reinvest into multiple investment properties if you wanted as long as you meet that requirement.

I am a twenty year plus licenses GC who has built over 100,000,000. in commercial and residential construction in the NY, NJ, PA, CT and CA marketplaces. I have flipped new homes and townhomes but phased out raising a...

Without this foundation any money spent on gurus, courses, books mentorships that teach techniques and methods is WASTED, even if the methodology being taught is valid.  

That way you could actually make money while learning instead of paying money. 

It was a good moneymaker for me and I would love to continue short term renting.