:@David Krulac  since we last talked about due diligence on foreclosed properties, I have been reading up on how to minimize risk and have few questions that I hope you can help me out in this example.The subject property is owned by the bank in Delaware county,PA .

Look at the current inventory, days on the market, and previous sales in the last 6 months that are similar to your subject property within a mile radius. 

Germain Act and using a trust for subject-to approaches that may work for this kind of transfer, but I’m not sure it totally applies to my situation.The previous replies stated answers to your questions, but some of the answers may not have been clear. 1.

The best thing this community can do is encourage your son to run far away from a subject to deal.

There is nothing illegal about Subject To, Seller financing, etc in general.   

Seller financing or subject-to financing (taking over the seller’s existing mortgage) can be great options if you find a motivated seller.

Maybe do a sale subject to existing finance and do a wraparound mortgage?  

.- Requires active management - Subject to regulatory risks - Income can vary seasonallyI wish you the best in your new venture.

If assumption doesn’t work, consider a subject-to or seller-financed hybrid deal.Would love to hear more details once you clarify the lender’s stance—keep us posted!

This is from navigatehousing.com: "According to OMB’s guidance, any program that provides direct benefits to individuals is not subject to the federal funding pause.