Good afternoon hope is all well..I have a very reliable friend who Works in the Central Florida area.Manuel does metal framing,drywall,garage doors,roof repairs,demolition,scrap waste pick up,Dumpster rental,Kitchen repair,Counter tops,Driveways,Tree service removal*trimming*and also carpentry work,pressure washing...We are able to do estimates for free and are able to move quickly and very efficient at what we do.Please inbox me for any questions

New lending standards and a weak job market have made it difficult for someone in-between jobs, but solvent and with excellent credit, to own a home.I am considering purchasing a primary residence subject to the existing loan as a method of bypassing the banks and avoiding hard money lenders.It is my understanding that I can buy a property subject to the existing loan for as little as buying out the current owners equity, if any, and taking over the existing mortgage payments.

Just be willing to talk to people. 90 percent of beginners wash out.

So to achieve a 1.2 for the example you would need $120k NOI, but you make nothing on the property so its still a wash.

My realtor actually called that realtor (the brother) because we found out its NOT LISTED after he told me it was. He

After a year or 2 of this wash, rinse and repeat process, you will be able to borrow 40 to 60 unsecured to buy properties. 

I don’t care how old you are, if your face is out there, somebody will start paying attention, even if they only want you to wash their car....for free.

I would wash my hands before I do anything else 

I offered to wash and paint the exterior, and we came to an agreement on price.

@Guy Gimenez Sure, it happens all the time when there is little to no equity... the I just need to wash my hands of this property scenario.