@Joey Chalhoub This decision should be read narrowly to address statutory frameworks such as MN where state law permits it to take property to satisfy real estate taxes/penalties/interest, sell it, and keep any surplus outright.

Lastly the real estate agencies and FTC and state AG's are really starting in earnest to finally crack down on Wholesaling the latest article on We BUY ugly HOUSES brought it to light in a big way..

To get access to the maximum amount of equity, I would recommend Tower Credit Union.

This is a self directed RRSP or TFSA account that allows you to lend your money out to people with the backing of their mortgage for a high interest rate. 1st, 2nd, 3rd mortgages, down payments, refinances, flipping or renovation money.

What made you interested in investing in this type of deal?

DO NOT DO THIS.

Interest Rate: 6.5% per annum (fixed)5.

Hope this helps!

This gives them the same protection and coverage under your policy as you have as the primary policyholder.

I'm just pulling from everyone and every resource I can access right now.