Most ideal would be seller financing, but open to creative strategies for a cash-flowing property. 

I can walk you through one of our recent Equity Splits so that you can understand the process. 

The gist of it, the way I currently understand it, is they’re “partnering” with local investors who want to buy/partner on the first mortgages, go through the appointment process (through their sister company law firm) to be able to repair and rent out the property as it’s going through the foreclosure process.

This will help stop sound from sneaking through.

At it's basic level:Assumption: Asking the bank to turn the loan over to you and going through the normal underwriting process, credit, income, DTI ratio etc SubTo: Taking over the loan without telling the bank, no underwriting, no credit check, no income verificationBoth have risks, but it's not my intent to be detailed in this post.

The husband told us to apply through Zillow, so we filled out the application on the platform.Before completing the application, we spoke to the wife over the phone to clarify some questions.

I gave the house a harmonious name, & so far it has cash flowed from day 1. 

Personally If you like your current residence and hope to stay there long term I would forgo major improvements on my primary and use all investment savings to make you more money and cash flow. 

In my home market of Florida, our insurance rates have made it much harder to have positive cash flow on a CRE deal.

To find out the amount of the subordinate lien through the NSP program, you’ll want to pull the title report for the property.