Buying subject to existing mortgage (AKA "sub2") - Find a motivated seller with a mortgage.

Doesn't have to be 7 days a week or even 8 hrs a day but some sort of set schedule so new people can sign up for units.

While the process may seem transactional, it's important to note that lenders are motivated to close loans efficiently, as they are compensated based on successful outcomes.To gain insights into lenders' performance, consider checking reviews or seeking recommendations from credible sources like the BiggerPockets preferred lender page.Accountability in lending is indeed a two-way street.

Thank you in advance. ( Also I'm in the middle of BRRR book so I'm feeling motivated ) 

Their friends/family/associates/colleagues see them making money through lending and will be motivated.

He was decidedly more excited about that idea.In terms of money, my initial thoughts were that the equity in the property would change over time as individuals contributed more throughout months/years until an agreed amount of parity was reached based on whatever the property called for: i.e. everyone owning a 2bed/2bath had contributed the same amount of capital, that sort of thing.

Mostly my question is: can I pull a HELOC on an investment property or is there some sort of rules that only let you pull a HELOC on your primary residence?

Your post didn't sound like it came from a landlord with 25 years of experience, so I was pointing to the basics hoping it would motivate you to do some research.A quick Google search revealed numerous NJ banks that offer the convenience of opening accounts online.

No one wants to rent with people they don't know, in my town groups will set out to find houses, not singles.Then as I tell the kids when they complain "Its much more motivating to come home to a house full of angry roommates than it is for me to call you a few times"Continuing: If someone leaves I put the students in charge of finding their new roommate, I don't want that responsibility.

If they are not motivated, there is nothing you can do.