Purchase a property in which the seller owes about what the property is worth and purchase it "subject to" the existing mortgage.You would probably have a better shot at success by finding a for sale by owner situation rather than a property listed by a broker.Prior to the passing of the Dodd Frank Act and the creation of the Consumer Finance Protection Bureau, some hard money loans and some private mortgage financing was available for people intending to live in the property they were purchasing.  

You will definitely see similarities so please don't take this plan as my own creation.

I was going to look at the renovations not as an expense, but as value creation, as future equity that I could tap into.

Not sure if they have tickers for individual states/locales but will give you a good pulse on unemployment, job creation, and other metrics

     In America we can count on one hand how many times the real estate market fell since our country's creation.

.- The creation of a new "note" would mean the satisfaction and release of the prior security instrument.  

I'd be happy to send an email to you with the due diligence that goes into the loan creation with borrower validation, valuation, and organization of each borrower and what to look for as a performing note buyer.  

Recently, I created a well-thought out post asking about interest in the creation of a local seminar.

From what I've learned after some reading and from listening to many episodes of the Bigger Pockets podcast, some of the keys to success in my current field - including an eye for location and rehab potential, the creation of "added value" and "competitive advantage" and, more than anything, the ability to build relationships - are important to real estate investing and I'm excited to employ them in this new arena.I'm thrilled to find BP and look forward to getting to know some of you!

REI should be first and foremost a profit creation vehicle, not a charity or a social solution.