The government is promoting growth at existing resorts.

Wholesalers tend to make the difference between what they got it under contract for and what they're selling it for, IE if you get a 160k house under contract for 120k (70 cents on the dollar) and sell it for 128k (80 cents on the dollar), you collect an 8k assignment fee, as opposed to the standard 1k that most birddogs get (though higher rates exist).2.

Better yet find one that charges any collection fee to the tenant (rarer, but they exist).

However, in the real world, those numbers don't exist.

Riparian rights (right of access to and use of the water by owners of land on the bank of a river) and existing easements, rights-of-way, leases, etc., 4.

Of those potential good deals, only a very small percentage can be bought subject to the existing financing.

Am I crazy to think that a loan like this exists?

In my area, the typical investment does not exist.

At a minimum, it should start raise eyebrows that there are no set standards of effectiveness...no lessons learned that have been captured...from the thousands of existing HOAs that can be quite powerful in an individual's ability to own and use land.It's more of a curiousity.

Im assuming your talking about taking over the payments subject to the exisiting loan.so let me break it down to you....1.sales contract with subject to existing loan clause on it.2.create a land trust conveying the property into the trust and your company or good friend as trustee.3.have seller sign a warranty deed to trustee showing seller still holds 100% beneficial interest.4.have seller sign an assignment of beneficial interest (ABI) naming you the sole beneficiary to the landtrust.5.you would file the "warranty deed" at the county clerks office but hold on to the "ABI" for future use when selling the property DO NOT FILE THE (ABI)!