My issue with your specific post is that it sets up a strawman and takes a personal shot at other posters.

We (developer and all of us as consultants) were sued over this PE three years later, which I mostly believe is because they realized they had no 'proof' of the PE beyond the fact that we had shot holes in their AP until they acquiesced to PE.

If you have some capital, income, and decent credit, buy a 4-5 bedroom house and rent bedrooms. 

Then everyone is welcome to come here LEGALLY and get vetted to see if they are decent people and actually have skills that we need and a possible job waiting for them.

I like the idea of no pets and that is decent income (depending on what the rents are).

You do need to have steady employment, decent credit, and not be drowning in debt.

While some buyers may shy away from the 7.125% interest rate, others who are familiar with the "Subject-To" strategy or are more flexible on financing terms may see it as an opportunity to acquire a property with decent equity and no need to qualify for traditional financing.

So I'm always able to offer a lower rate and make a decent living without charging points.My final thought, if you want to find the single lowest price in the market, I don't know how many companies you've spoken with, but 5,113 companies reported making residential mortgages in 2023.

There are probably 1/10th the amount of pocket listings that there used to be because of interest rates, but you have a better shot with multifamily homes owned more than 10 years by an out-of-state owner.

I can see the OP giving this a shot.. but it is risky he could end up making a few bucks and getting experience might just break even or he could take a loss.. that margin is very thin in markets that are not selling as soon as you get CO  thats been one reason we have been profitable very few homes have been carried past CO so financing cost are at a minimum.. you hold a spec home 6 months past Co and every month your losing money you will not recover.