Its just hard and if there is any softening of the market.For the original investor:1.

My original loan amount is $323K, balance left $319K at 7% and 28 yrs and 8 months left.

The original post leaves the door open for a challenge by the IRS, so the safe harbor of holding it for investment for two full years is the safer option.  

i understand a true duplex might be a lot more expensive, but i think it's at least worth continuing to research and keeping an eye on.and sticking to my original point, OOS can be tough. 

The non-recourse lender was actually the original seller who was financing - GEG was the middleman making a HUGE markup.

Originally posted by @Sanjay Bakshi:I have approx 80 doors and am looking for some software.

OF course, you may have all this stuff figured out, but the original post was vague.

I originally used liquidity from a refi, HELOC, and a personal LOC to make the purchase and then refi'd that money out after closing.

Property was originally listed for $1.2mm this past year they’ve done multiple price decreases to $699k.

Purchasing subject to allows you to (1) buy a property and pay a lower rate (3-4%) that was in existence when the loan was originated, so cash flow will be better as well as equity buildup; (2) not have to qualify for the mortgage saving time, expense, and allowing property purchases in greater number than otherwise and (3) no personal liability on downside (4) no debt added to your PFS.