If a mortgage company did decide to do that, you could always just transfer the property back to your name. 

All in, my mortgage is $1,100/ month and all comparables are renting for $1700/ month in my subdivision. 

One of the mortgage companies has approved me, subject of course to an appraisal.

If youre not a bank, don't act like one. seems really weird that the buyer is not just going for a conventional mortgage.

I am a local chicago mortgage lender but we are also licensed in IN and surrounding areas and I would be happy to connect you with one of our trusted partners. 

This IS the best place online for Investors to chat, Q&A, learn and create relationships.

Our mortgage is $95,000, and our renovation costs are spread over several different 0% interest credit cards.

And I don’t have mortgage so I didn’t buy insurance. 2) hoa, tell me is upstair radiator who cause the leak and I should talk to upstair owner to have him fix that.Upstair owner told me that the leak of their radiator is caused because building pumped too much heat.

Remember, they can always refer themselves😊Now, make it a goal to call at least 5-10 of these people EVERY day and ask a MAX OF THREE off the list below of who they know that:Just inherited a homeHad a loved one pass awayIs behind on their mortgage or tax paymentsHas a relative that can’t take care of their house anymoreHas a house they’re having trouble sellingIs facing bankruptcyKnows a probate attorneyKnows a bankruptcy attorneyetcWhy only three off the list per contact?

Here are highlights of the program right from their website:Program Benefits-A 30-year fixed interest rate mortgage loan, several rates and loan options available-Down payment assistance (DPA) 3% to 5% of the loan amount-You do not have to be a first-time homebuyer-DPA provided as a grant (never needs to be repaid) or 3-year deferred forgivable second lien loan-Available statewide through a network of participating lenders.