I did this for several years and slowly moved partners and investors to gain more equity, at the same time my good partners stayed in house and we have grown to larger deals.Another way, that I love, is own carry and/or AITD's (All inclusive trust deed) I have used this strategy in acquiring multi-family development opportunities so I could assemble multiple lots, take on the minimum expense and then pay them off with the syndication as we took it to construction. 

@Jeff Jenkins  - in French there is a distinction between education and instruction: the first you receive at home (home including your neighbourhood / society), the second being what you receive in school.In both your country and mine, the school system - post secondary included - has, more-or-less, morphed into an assembly line to turn out cogs and consumers.  

Example: Trailers, mobile homesModular homes:Stick-built in a factory to exact measurements, delivered to site in pieces which fit on flat-bed semi-trailer, assembled on-site after foundation is poured and first floor is laid down (OSB or plywood per code).Home building is beginning to pick up in my area and I'm exploring the possibility of developing land and providing modular homes which can be completed more quickly than traditional stick-built-on-site homes.Experiences would be the most helpful.

Curious what the BP community thinks. 1) Your broker doesn't understand Sub-To deals (most of them don't)2) Read the PA state laws from your General Assembly regarding Sub-To deals.