Things such as modifications to CAs prop 13, the new CA "homeowners bill of rights", etc will give lenders reason to be cautious.

No need to mod if the borrower can make the payment. 

You NEED the float.Second issue, which actually alleviates the problem, is that God invented creative finance for a reason, and this reason is - if you have limited cash floats, keep them...and figure out how to get the property with nothing down.Interestingly, the side effect of thinking along these lines is that the process necessitates that you get better deals, and that you are much better educated - both are good :)Good Luck, Jason!

However, never done a Subject To.....just never had a case that necessitated it. 

I have an opportunity to buy a re-performing first note at a 40% discount to principal The note has only 2 payments under a recent loan modification The interest rate is 5% and the principal is about 10% above appraised value The note has been serviced and modified thru a national service company .

It depends on what the Contract states about the home inspection as a contingency.For example, in my State, the Buyer has the right to complete an inspection of the house, do radon test etc. and inform the Seller in writing that (a)  there are defects and Buyer will still buy on the condition that Seller repairs the follows defets etc. or (b)  there are defects and Buyers does not want to buy the house and therefore, the contract is cancelled AND BUYER MUST do all this within five (5) business days after the Date of Acceptance.Therefore, BEFORE you sign the Contract, make sure your have read the Contract and understand what rights you have to complete an inspection (home inspection continency), allow an attorney to review the Contract before you are committed to buy (attorney modification contingency) / to obtain a loan and not be required to buy and have your earnest money returned if I can't get a loan (mortgage loan contingency).Regarding the home inspection, read the entire contract but do read the home inspection contingency clause and understand it and if it is vague/confusing, don't sign the contract until you do understand it.Of course, you should hire an attorney to represent you when you purchase. 

Fall, winter..who knows.i used to rent in chelsea when my company paid for it a studio for over 2k, it was about 200sqft, couldnt fit on the toilet without my head touching the door (it was slanted to fit into the apartment). i started buying in NJ, Hudson county condos and 2 families in 2016 when all my friends thought its a joke to move to jersey. what others said, esp in NYC, luckily the shift is now necessitated, due to millenials trying to afford some place to live (cant do it in Manhattan, even a studio is 400k), and covid makes them want more space, maybe a backyard?

The only modification is to make sure that the purchaser is listed as "Caleb L or assigns" or something to that effect, so you have the legal right to assign the contract.

They aren't afraid to walk away from a perfectly good looking deal because it simply isn't in their 'circle of competence'.Also, be aware from the start that different strategies necessitate different models.

This is subject to minimums, some fixed costs (about $150 to $500 depending on the state), and after time you will earn an experience modification which will cause your premium to go up or down depending on your safety record.