And all the folks that could never get a deal to close and lost their deposit to them and EM etc etc..

Then after that, Fannie will lend on up to 10 for any one investor.

Credit cards have the same limitation on the amount you can borrow and will likely end up costing more than private lenders.

For me as well as the seller.First, you have to define Sub to financing.Do you mean the reckless kind where you overpay for a property, take over the financing and borrow from others to cover closing costs and holding costs when you have no money, no credit, no income, no reserves and can't tell a warranty deed from a deed of trust and you close on the kitchen counteror do you meanbuying below market value, already having a nice income, having reserves, using escrow and title, already understanding the due on sale clause, have done a lot of creative purchases and know when to use and when not to use creative finance and how to recover if something goes amiss?

You could agree with the Seller that you will accept up to $10,000 in the special assessment and the seller covers the remainder.

So if this $330k puts them close to the limit, and the market makes a downturn, there will be a margin call.

@Jorge Vazquez I'm in St Pete for the season (Jan-April) up from FMB.

Rents will go up.

The two of you would need to sit down with an attorney together and have a partnership agreement drawn up.

More doors means less vacancies and it might motivate you to save up and buy a new SFR when you are ready to settle down.