It looks like the only participant in the process is the taxman. 

basic sub too.. deal as long as your personally well capitalized. this scenario probably works.its the undercapitalized buyer and the sterling credit seller that creates a huge risk for a seller and I don't recommend any seller to participate in that type of deal.but since the sellers credit is already bad there is real equity in the deal that will keep you in the deal and you sound like you have the wherewhithal to pull it off..

I'll start reading and participating right away.

My goal is to get members to be active participants and make this group as practical and dynamic as possible.

#FirstWorldLenderProblems, the good ole "I just went into escrow and I didn't realize that getting a mortgage requires my active participation and I'm going to ignore my realtor telling me to cancel our vacation plans," our favorite. 

Step one is getting your finances in order so you can participate.

ANNUAL INTEREST YIELDAccount ValuePrincipal OutstandingDebt $65,000.00Equity $0.00Total Account Value $65,000.00Lifetime Cash ActivityInvestments ($105,000.00)Cancelled $0.00Principal Returned $40,000.00Total Earnings $9,528.35Foreclosure in process - Borrower negotiating to bring loan currentAUG 12, 2016For the Berwyn, IL Fix and Flip investment: Thank you for participating in this investment offering.

If you want to participate in passive income streams thru larger MF, you can also get involved in partnering w/experience players that are 100% focused on acquiring, re-positioning and eventually selling larger apartment communities.  

I am a new investor and would like to participate Thank you

Tired of spectating and eager to participate RE investing.I'm interested in investing in multi family properties(2-4units) with a goal of attaining a passive income of 10k a month.