there is no bank, no mortgage, and therefore no due on sale clause.if there is a mortgage in place, and you take the payments over, this is typically referred to as subject-to or sub2 and is much higher risk for everyone involved.

As a result, the sale was canceled, we foreclosed, and the second-position lender was wiped out.

Quote from @Thomas McPherson: Quote from @Brenden Stadelman: I work wholesale in central Indiana and have a full sales team.

For the most part, most lenders are going to be relatively close in cost assuming we are talking about a straight forward loan product, we all borrower from the same pool of money to make these loans. 

Purchase price: $275,000 Cash invested: $294,000 Sale price: $355,000 The property is a 2 bed 2 bath with a den and a 1 car garage.

It’s doable, just more difficult, time consuming, with a lot more “contacts” needed for each “sale”. 

You’ll have 45 days from your sale to identify them and you’ll have to buy enough of them, and only them, within 180 days of your sale to meet your 1.1M requirement, or face taxes.

They would be resistant to a short sale. 

From an email I received from FF:New year, new rental goals! There’s never been a better time to step into the booming mid-term rental market. Since you’ve shown interest in listing your property with Furnished Finder...

You know, like any other INSURANCE PRODUCT.