There are protections under MD Loss Mitigation Laws already afforded to those who are 60 days past due on their loans, and to those who are not capable of comprehending and consenting to sign a contract,  but if you go to an ADULT who owns a home and who is not in pre-foreclosure in MD and has his mental faculties INTACT, then you can make an offer (which should be for the wholesale value minus a fee you will be adding to your assignment agreement), and it's perfectly legal thing to do.

You may get further in your quest for the perfect bank.

This type of loan is based on the property's income, not your personal finances, which makes it perfect for investors like us.

Hello Michael, Thank you for your input and that makes perfect sense.

Pretty much any method of house-hacking in Princeton would involve some compromises, and it sounds like your husband would only be open to it if it were a perfect "very soundproofed large duplex" type situation.I think you and I talked before about my mom house hacking in Princeton - it CAN be done.

@Mark Sinclair Still haven't found that perfect property just yet--but I have zeroed in on exactly what I want in terms of Bed/bath, which community, private pool, etc.

It's not a perfect measure, but it's very close and year to year consistency is highly reliable due to limited new rental inventory

Its not always a perfect no cost, sometimes it a low cost refi, or sometimes the lender credit can be larger then the costs and its actually a negative cost refi.

I've seen some comments state that it's all about the kitchen - only a small kitchenette with no stove is allowed (which would be perfectly fine).

@Eric Carr perfect, thank you