SubTo is taking over someone elses loan.

The institutional firms that do this type of lending (we deal with them every day) have to "securitize" the loans...meaning have their hedge fund/Wall Street backer bless the deal.

@David Matarazzo  Did either of you move forward with them for property loans?

First time buyer loan with 11% down.

I can get a 30-year fixed loan for 6.630%.The property taxes 1,976 /year i.e. 165 per month. 

@Son D. the borrower paid off the loan a few months ago. 

Lastly, land development requires solid planning and capital, so getting the right development loan with flexible terms will be vital for success.

You would then have two loans, one on your home and one on the refi to access the equity on the investment home.Why not just use the refi cash out from your home loan for future deals? 

Quote from @Jaycee Greene: Hey Jaycee, we currently lend on several loan types: Fix & Flip up to 90% LTP, BRRRR, New Construction, Bridge Loans, & Multi-Family.For myself personally, I'm looking in the Orlando, Philadelphia, and Southern NJ markets, 1-4 units.

Conventional loan How did you add value to the deal?