One wants to install a used refrigerator to save money, while the other wants a new refrigerator with a warranty.

I read on here that it is a waste of time and money to pay any site for help and there is plenty of free info on the web.When I try to google for this free info or lists all I get is sponsored sites trying to sell their programs.

The rest of the money sits in cash in the opportunity fund.

Were you able to get any money back for unpaid rent and legal fees, etc?

My underwriting had me around break-even... not a killer deal by any means but between the low money down, rent savings,  principle paydown, and most importantly the experience...

I lost money, hope you don't!

He has owned this property since 1999 and still owes money on the mortgage and we are interested in learning of a way to benefit the both of us instead of me using an owner occupied loan. 

The way I heard it explained is that you take over the existing mortgage and then you can either rent it or transfer the mortgage to someone for free but the videos I’ve watched never say anything about giving the seller anything other than money down to lock it up.

I ask cause an architect costs money and Im not rich.

But you will have to hold the property several years to get your money back, often with negative cash flow.