The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

hard money How did you add value to the deal?

I have a friend/neighbor that wants to sell me his house below market value so he can move back into an apartment and travel.

HELOCs typically do not go above 75-80% of value and since the property was purchased recently they would not see that equity unless you did some major rehab to the property.

Make sure to provide clear disclosures to the seller about the risks involved, especially regarding the existing mortgage staying in their name.Insurance Considerations – You’ll need to work with an insurance agent who understands sub-to deals, as the lender might require a policy that keeps the seller as the named insured.Due-On-Sale Clause – While banks rarely call loans due, it’s still a possibility.

Appreciate any guidance.Best regards  My recommendation is ot search the forum posts here on SDIRA and lenders as there are very few lenders and you can google and look up here on BP the terms that they provide. 

How did you add value to the deal?

If AYPO isn’t engaging, consider switching to AceableAgent or Champions School of Real Estate—both are highly rated in Texas for interactive content and exam prep.

Prices are high, regulations favor tenants, and finding deals that truly pencil out can feel like looking for a needle in a haystack.