And equally for the buyer, if you want to renovate and refinance or cash out, wouldn't you have to pay off the entire mortgage at that point and the bank would know it was always the buyer paying off and not the seller?

The workshop shows how SDIRA owners can earn double-digit returns by owning real estate as a bank. 

I had a local bank provide a 1031 without fees. 

Is any bank offering a HELOC based on the combined equity?

For me, I am a little hesitant because I would be in a situation where I would be trying to secure traditional lending (which should be very feasible given credit scores & what $$ amount I am pre-approved up to from my banks), meaning that I assume I would be forced into using my first-time homebuyer loan incentives.

Not the nicest areas, but nice enough.. and I would be looking for minimal cashflow, banking on appreciation. 

I looked into the town of Catskill itself and what stumped me was the requirement for the host to be available within 30 min by automobile while occupied.

That is the best option if you are truly trying to help a family member.you cannot get control of the mortgage, you can do sub2 but you are not in control, the bank could call it due if they see the property transfers title.The other way is for you to buy it from them at market rate, then rent it back to them at market rate.

That's a technical banking and legal term.

Hey Serena, we host a monthly meetup event on the first Wednesday of each month (skipping January due to the Holidays) at Lucid Winery on R St.Next meetup will be February 5th.