. $1,180,000 to THEM (this is the $1,425,000 DUE on the WRAP AROUND Note - MINUS the $245K due on the 1st lien payoff -leaving $1,180,000 to them) Q- Who would buy such a Note ? 

She's actually only buying the property to help the seller.

Investment Info:Single-family residence buy & hold investment.

By using the program, I want to buy a condo here as my primary residence.This is my first home and I reported more than a 2-year tax return, I have a solid job here.

This could be an individual person willing to give you money, or a private bank, or an organization or business of some sort.The long answer is much longer and if you're interested in diving into the topic here's a few resources I can recommend:These are two great books (also available as audio books and e-books) that go over the fundamentals of what private lending are, what it means to raise capital, how to find deals to buy with private capital, and a lot more.

This range tends to attract both flippers and buy-and-hold investors.Rental Market Health: A strong rental market can also be a good indicator of investor interest, especially if you're targeting buy-and-hold investors.Research Local Regulations: Make sure to understand the wholesaling laws in any market you’re considering.

At 100% financing, these so called lenders can buy themselves.  

So my advice is, do not care what is she doing and buy another house :)

You should figure out what types of apartment investments you want to acquire and find a mentor actually buying them.

I am looking at a few things but recently have looked at Private Lending vs buying into syndication deals.With Private Lending I believe the returns would be better, but the effort would be more (finding the deals, managing the deals, etc).