The “I helped the seller by a sub to purchase” and the “you screwed the seller by a sub to purchase” are both correct AND incorrect.Because it depends on whether the seller was provided with a full disclosure of the ramifications and possible consequences of entering into a sub to transaction; whether the seller is mentally competent to understand the ramifications and consequences, and whether the transaction is accomplished without lying to the lender.

I think a JV agreement could accomplish the same results with less risk.

Anyone have an experience and/or advice on how to get this accomplished?   

@Torianne Baleywhat are you trying to accomplish? 

I want you to feel the pride in being told all your accomplishments over 10 or 20 years are pure luck by someone afraid to get started.

My response is not political in nature...I'm very interested in what DOGE can accomplish. 

You can provide a loan modification approved by the bank to be accomplished immediately upon the purchase of the note, this, along with the waiver and request for the sale by the borrower takes the bank's liability away selling a note to a non-banking/mortgage broker type buyer.

You keep bringing up this transferring of debt to a heloc and paying it off as if its accomplishing something.

That is what a rule of thumb does it allows you to accomplish MORE with LESS effort therefore getting more done faster (time wise). 4.

What are you trying to accomplish?