Called Optex. 

That is the best option if you are truly trying to help a family member.you cannot get control of the mortgage, you can do sub2 but you are not in control, the bank could call it due if they see the property transfers title.The other way is for you to buy it from them at market rate, then rent it back to them at market rate.

They’d rather just trade toys on the sly and call it a day.3.

A great way to start is by learning how to analyze deals and exploring strategies like buy-and-hold or house hacking.

If not, ride out the 12 months with the hard money lender.People have to make good choices and not over extend themselves just for the sake of buying something they really can't afford or that doesn't make good cash flow.

---You can try to increase your chances of cashflow by buying a beatup property and BRRRing it.2) Buy Class C cautiously.

My wife and I have been buying rental properties for 20 years.

LexisNexis has a product called "Accurint".

I was in a leased building, counting on a hand-shake deal to buy the property in the future.

I have received emailed responses days later, but seldom have I received a phone call.