Reno (all in) - 46,600 (8k of we are chasing with the contractors debt relief company)Carrying cost -  ~9,000Closing costs - ~20,000Profit - 27,000Timeline 11 weeks + 3 to closeSo thank you again for all that this community is and does - I'm hungry, so let me know if you can help me find the next project!

The only way to succeed is to market to people who have either had their BK case dismissed by the court (usually for failure to file documents timely) or if a lender files a Motion For Relief From Stay (because plan payments are not being made) AND the court grants that motion. 

Also a relief, I'm just using the loan origination for networking and my loan officer because he's very seasoned in this business.

She may just be trying to put it aside and not talk/deal with it b/c of the stress but at the same time wants relief and out of the situation.If you could get everyone involved to cooperate then you could probably solve this equation with their help.

You get relief of the loan/debt and you might be able to capitalize your current house

I plan on having a few people hired to do the odd weekend relief.

If she changes the deed from my grandma’s name to under her name, will my mom qualify for the Taxpayer Relief Act and be exempt from capital gains taxes for the sale?

They would want to deed the house over to you and keep the mortgage in their name for two reasons: 1) they can't make payments anymore (they are defaulted, going into foreclosure, or some type of financial hardship) and are in danger of losing their home, and you would be offering to take over payments right away, so they NEED the relief/help that you are offering; 2) you will be saving their credit. 

not an expert there on this issue but I would bet 97% the loan survives and your taking title sub tooand the first lender once they get a relief of stay will then forclose and wipe you out.where I see folks use these HOA deals is simply to rip rents.. get into title because as we know you cannot rent something you do not have title to.. keep the rent for as long as you have ownership until your wiped out.I have actually seen a few were the property was free and clear and the owner just left stopped paying the HOA someone bid on the HOA and owns it free and clear.. client of mine did that on two townhouses in CA... unfortunately there was an issue with the subterranean drainage and after about 10 years of renting them out they slide down the hill and were condemned but I am pretty sure it was still a profit for him. 

In other words, the assets would be purchased/sold as "ABC Solo 401K Trust" versus "Credit Relief, LLC".