The reason it’s usually not done is the profit isn’t pro-rated, it’s consider $100% first.

If we the landlord would want to break the contract before the end of the multi-year term, we have to pay him a pro-rated fee to reimburse his investment

What's your current rate and what rate are you aiming for?

Your ability to turn around a property with an 11% cap rate is a pretty strong selling point.

Hi RickeyAs a first-time homebuyer, you have great opportunities in the condo market.

This often gives them more money out than they put down in the first place.

In almost all cases when investors first come to us we say utilize the conventional route as much as you can. 

@Ellis Moyewe really don't know a lot about this situation since there aren't many details in your post... but i don't think this makes any sense for anyone involved here...if it's a flip that's not selling, refinancing may not solve your problem and allow you to pay back the HML in fulland typically a sub to buyer wants a low interest rate... and if you refinance now you won't be getting a low interest rate, you'll just be getting whatever the market offers.and finally.... the vast majority of loans are NOT assumable. 

One thing you will want to explore is the tax rate in the specific counties you are looking in.

If so- what would you rate your work effort (not afraid of work), and the time to close a first deal?