I've always been told quitclaims don't establish ownership, it only disavows interests.Like you buy a property with a partner....and one partner signs quit claim deed, so the other can sell without additional signatures.You might check with their title company to make sure what you are describing is actually the case. 

My negotiations with the lender so far are as described in this thread.

@Cody BurkeWhat you described is how I BRRRR.  

Based on what you’ve described it’s not a good investment property bc every time something breaks or you have a vacancy you are out of pocket.

Based on the situation as you've described it, none of those options will currently work with the next purchase.

v=1Zap6D-w4BI That's a link to Brandon Turner describing how to estimate arv.

I haven't seen many deals for the all-in price you've described that aren't in really bad areas.

Based on the responses I don't think that what I've described is a syndicate.

So the answer might already be in your inbox.No seriously, what you hare describing is called a wholetail deal -- something between wholesaling and retailing a house. -- and a lot of serious investors do this. 

As I described above, I bought a condo in 1997 and paid it down to about $40,000 which meant I had a $93500 loan paid all the way down to $40,000.