If your criteria is specific and the property matches it, make the offer with an out clause like subject to inspection.

@Justin Prevatte  if the OP has free and clear properties IE the 16 are all owned out right then yes that would work for sure .. subject to finding a lender that likes the collateral and will lend.Small seconds behind large first are just a NO NO in the lending worldfor the very simple reasons you stated.see threads on BP about those that have been doing gap funding on rehab projects and the borrower goes dark and they are fubared.. loss of the entire loan is most likely out come.UNLESS your a loan to own guy.. and if this OP failed you fine stepping in and taking over the whole maryann..

For example, if your IRA puts down 60% and finances 40%, roughly 40% of the net income generated will be subject to UBIT.

After several "Can I buy you a cup of coffee" emails from me, Steve finally responded when I sent him an email that had the subject line: RE: "I'll give you $500 Bucks to let me spend a day with you!"  

do a bp search for "subject to"

I will send you my subject to check l I will send you my subject to check list.

From the owner directly with a copy of their statement or from their credit report (Assuming it's not charged off or subject to BK) and both methods require cooperation from the borrower and, at least one method puts you into tremendous legal trouble if you obtain their credit information without permissible use to do so (Like buying someone's credit report on line)?

I'm like you though, I would like to see what others have to say on the subject, I have wondered the same thing.

I searched high and low about the tactical steps involved in doing a “subject to” deal and it took a while to learn and document the steps.

Make the offer subject to the contingency of your due diligence of the NOI.