I would think in most situations the original owner is in financial trouble, probably delinquent on their mortgage and facing foreclosure.

If you are using it to buy a turnkey property which needs to produce cash flow to be considered a viable deal how does buying turnkey(Little to no cash flow) combined with HML(High interest only debt) make alot of sense financially? 

Could someone please interpret this article into transparent language. It seems like it's been written to hide something - https://finance.yahoo.com/news... (
Rising Treasury Yields Flash a Warning SignMohamed A. El-...

It is disheartening to witness a mentorship program that boasts substantial financial success, with students allegedly earning substantial monthly incomes, yet fails to ensure that their own employees receive even the minimum wage they are entitled to.

Here’s some context: Property 1: >$100k in EquityValue: $325kDebt: $220k @ 2.88% (30-year fixed)Property 2: >$70k in EquityValue: $325kDebt: $252k @ 3.38% (30-year fixed)Extra considerations: - I have $15-20k liquid to use for any of these deals- My current job is relatively stable, but not high-payin- Current properties in TX, living in NY, looking to invest in Mid-West (crazy, I know)- No other debt obligations besides the two mortgagesUltimate goal/timeline: Though a bit ambitious, I’d love to build up the portfolio to 10-20 units in the next two yearsI understand that any/all replies aren't financial advice; all ideas welcome for information purposes. 

With a loan, a person takes on a Debt Obligation. 

I would think a lot more about the financial part of this.

& how you become financially free is by letting whoever your renting to (I'm guessing that was a step also?)

I’m certain there will be some type of moratorium or intervention, but the fact of the matter is the balance sheets of impacted lenders will suffer when obligations are not paid on time.

It is the RIGHT of any property owner to sell or transfer title and he is under NO obligation to inform anyone of such.