Did you end up taking the combined owner carry / subject to route or did you secure a mortgage for the outstanding $242k?

The approach I take is actually marketing to specific zips and focusing on putting the following primary filters on my list: year built 1999 and prior, purchase date 1999 and prior, purchase price/total outstanding loans/first loan amount $80,000 or less.

That is truly outstanding.  

Your end goal is to:1) tell the consumer what they are going to hear2) tell them3) tell them what you told themIf you are caught off guard, you won't know how to respond, and it will disrupt your flow.Be sure to check public records for open judiciary cases, outstanding taxes, outstanding water bills, etc.

If the tenant doesn't pay any outstanding items above the security deposit we file a judgement for the balance.

(1) $1.63M minus closing costs minus $500,000 (because we can take that as cash, tax-free, and it doesn't count as boot), with a loan of at least $450,000 b/c that's how much we had outstanding on the current property(2) Only the net (let's just say like $1M, forgetting about closing costs right now, just for math's sake), minus $500,000 (because we can take that as cash, tax-free, and it doesn't count as boot), so that's about $500k that must be rolled into the new qualified property... plus we need a loan of at least $450,000 b/c that's how much we had outstanding on the current property, so we're looking at a property of about $950k-ish(3) A totally different amountTHANK YOU

I do want to join a brokerage that has an outstanding training for a newbie like me to be able to duplicate myself with the top ranking agents.

They might have outstanding fees or expenses.

As a company, we have an outstanding track record stretching back over 17 years of being able to accurately hit our projected rental ranges including over the length of ownership.  

@Allison LevineWhere in the foreclosure process is it and are you willing to pay the outstanding mortgage balance?