Due to the creativity of the deal conventional funding is not an option.

Unless you have time, desire and knowledge, hiring a property manager sounds like the right option.

We process, underwrite, close and fund the loan.  

There are options like:Private Real Estate Funds: These allow you to remain in real estate but delegate all the management responsibilities to professionals.

While the property's location was desirable, it was evident that the house had been neglected for several years.

Will you be funding your own rehab or would you need to roll those funds into your initial loan?

Most seller's in a sub-to don't understand the risk they are taking and most lenders have concerns over the overall portfolio quality ratings which has an impact on their cost of funds.

We set a record for our Team, serving 82 families and funding over $32 million in loans this year.We ranked in the top 5% of loan officers/teams in the entire Nation and top 3% in the State of Oregon!!

You also want to see a reserve study and only invest in a property where the HOA is at least 30% funded, less than that is assessment territory. 

Assuming that all goes well and the buyer’s good-faith offer is accepted by the seller, the earnest money funds go toward the down payment and closing costs.