@Alfred Dublin I'm not saying you shouldn't call around, just be aware that no lender can/will really engage with you until there's an actual deal on the table.

Hello Biggerpockets Community, I'm currently considering a unique opportunity to go 50/50 on a property with a friend, and I'd love to hear your thoughts and experiences on this matter.Background:My friend and I are contemplating joint ownership of a property where they will live and cover the mortgage, while her and I contribute 10% down payment.

#3 is the individual credible i.e. have they done what I want to do or have a unique perspective that will help me get to #1 faster?

Your script or simply guidelines for starting a call should be geared to solving a problem the seller may have . . . needs to sell, may want to sell but had not considered the options, etc.Best advice is to be honest with yourself as to what you are looking for - a flip, a buy-&-hold, a wholesale - and approach the seller with a sincere opening explaining who you are what you are bringing to the table. 

.: Subject To and Wraps are very similar and yet, very different.Subject To & Wraps share these characteristics You are taking over payment of the mortgage and transferring the property into your name You become the owner The loan does not get paid off The lender can and sometimes will call the Due on Sale You have to have money or credit to solve a Due on Sale call They are used when someone doesn’t have much equity and doesn’t want to pay a real estate agent They are used when the seller wants to sell fast They are used when the property isn’t really a good candidate for the MLS because of the condition of the property They are used when It’s a unique property and it’s hard to find comps They are used when it’s a distressed situation that needs to be resolved They are used when the monthly payment is below market rate (that means it cash flows) They are used when the seller wants to avoid the hassles of listingSubject To & Wraps Differences In a Subject To, NO new mortgage is created.

They might allow for a no seasoning rate and term refinance, but that would have you bringing your closing costs and and lender fees to the table.

There are still some unique Oportunities available in the market but you have to make sure you are buying at the right price, the right location and with key features that make your property stand out from the competition.If you want to build this investment might be more active since I would suggest to supervise or have someone you trust in the construction site to make sure everything goes according to the budget, quality and time. 

Here's our listing:https://www.airbnb.com/rooms/606577680390071886When we were searching for something to do, we also saw many of the larger homes dedicating a single room to a game room—an arcade, a pool table,etc.  

Hi all- I’m in a unique / fortunate situation where I’ve found some older homeowners looking to remove the burden of managing a rental property that are willing to seller finance their property to me at $0 down and 1% interest on a 30-year note, no balloon. 

On a different level, STRs are seeing a flock towards uniqueness, and the commodity units are starting to struggle revenue wise.