The risk in dealing with these types can be very high, especially if you simply fall for their pitch, that being everything is well secured with assignments made properly and we have no money problems.You really need to know what you're doing playing with these brokers or money conduits, while they really don't know what they are doing and while they will lie and mislead you, perhaps unknowingly, they are a distressed borrower often needing to be pulled out of the fire.

The property is part of a conduit to pay off the IRS lien.

The only types of lower-interest financing packages that I have ever seen where there is no recourse come with either private money (very high rates) or very large commercial type of conduit-style loans.

If you are basically taking title to resell quickly, without extensive work, that may be seen as a lesser risk for the seller as you are basically acting as a pass through or conduit as you may add value in the scope of that transaction benefiting the seller.

The primary, if not only, reason there has been a brief spike in subsidized demand for housing in recent months (2012), has been the GSE/FHFA endorsed REO-To-Rental plan, and associated securitization conduits, in which large asset managers have been encouraged to take advantage of government funded, risk-free financing (and entirely bypassing banks who have given up on loan origination due to legacy liability issues which have every bank tied up in litigation from now until Feddom come - just see today's Bank of America results) and purchase foreclosed properties in bulk, with the intention of converting them into rental properties.http://www.zerohedge.com/news/2012-10-17/och-ziff-calls-top-reo-rental-exit-landlord-businessIt is no secret that in addition to the well-known phenomenon of "foreclosure stuffing", one of the primary drivers of the artificial housing "recovery" has been the surge of hedge funds and asset managers into purchases of rental units courtesy of near-zero cost REO-to-rent federal lending facilities, which have taken out distressed inventory from the market in hopes of converting it into rental.

They also look at HVAC venting and how that is set up...and then of course if they find Romex (as in not hard metal conduit) all the Romex has got to come out.

I must say, I have not studied crowdfunding conduits beyond the initial idea.

If you are lucky and the wiring is in conduit, you can easily convert, but generally you will only see that in a multi-unit or concrete construction.

Aluminum single-strand wire (fire hazard), is the wiring in the house modern (conduit/Romex sheathing vs Knob and Tube), are outlets grounded?

We decided to install conduits so that if the city decided to put underground power in our neighborhood we wouldn't have to dig up our front yard.