Also are you planning to hold the lot?

So it’s not a house you’d should hold with your own money.

As I said, Royal View is the best property, and you should not expect repeated evictions or failed leases.  

I got a hold of the owner by looking up his information on the county website.

For me as well as the seller.First, you have to define Sub to financing.Do you mean the reckless kind where you overpay for a property, take over the financing and borrow from others to cover closing costs and holding costs when you have no money, no credit, no income, no reserves and can't tell a warranty deed from a deed of trust and you close on the kitchen counteror do you meanbuying below market value, already having a nice income, having reserves, using escrow and title, already understanding the due on sale clause, have done a lot of creative purchases and know when to use and when not to use creative finance and how to recover if something goes amiss?

This could potentially meet your financial needs by itself as well as provide start up money to do flips or purchase buy and holds

Account for all costs, including closing fees, holding costs, and repairs.

The down fall is a Heloc can "Never" be used as an asset or for PITI reserves required when buying a new Primary or investment property.A heloc can also cause major issues with credit and one slight hiccup or missed payment the bank or lender who is holding the Heloc can close or reduce your line of credit.

This is our messages to Appfolio for the last two months, they are awful and holding our fund not to disburse, please see below - We have been trying to reach your company by chat, phone number and no luck.

We also have a different ESCROW account that holds the deposits for buyers purchasing our listed properties.