I'd be happy to connect further regarding your questions about more specific and nuanced details. 

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.

Quote from @Chris Shon:Thanks for the detailed response!

Have you followed the instructions we provided previously?

Unless the $1mm is 100% of the investment possibly.No one can give you a good answer without more details.  

Any experienced flippers or investors opinion's would be greatly appreciated.Scope of Work and Rough BudgetProperty Address: 460 Summit Oaks Dr, Nashville, TN 37221Property Details: 4 Beds, 3/1 Baths, 4004 SqFt, 0.190 AcresPurchase Price: $500,000Target Selling Price: $800,0001.

Happy to connect if you have all essential details.

Do your due diligence, ask the creditors or evicting entity the details of the eviction, how much was due, why did it happen, and was the amount owed satisfied?

Together with the equity that the house will have (heloc or refinance).No one has provided details to knocked down the idea yet, so I'm leaning in the doable direction.

Here's a bit more in detail about how rates are calculated for DSCR loans:1.