Do we get it subject-to?

That makes it subject to numerous state laws and IRS regulations.

As a wholesaler you should know what to do and how fast you need to do it.Here are some suggestions:Write an offer for what she wants.Take title subject to the mortgage, keep the property, pay the mortgage and profit from the rent and appreciation -- orControl the property with a "skinny contract of sale" with a delayed settlement date, have a public auction.If you control the property for $65,000 and sell it at $80,000 you are doing well (need a partner).I'd say stop asking question and go close that deal.May I ask you some questions?

Is there a subject in school to study that will help me with real estate investing and house flipping?

If you dont have any of the grey area types of income where the calculation is subject to loan officer skill and supporting documentation to tell a certain story then you'll be fine and your 48% DTI may be accurate. - you have 5% or less down so hopefully you're qualifying for a 1 unit or single family residence (SFR)/ condo because conventional in "general," cannot lend to 2-4 unit properties as a primary residence with that low of a down payment.

I actually just watched a BP vid about this very subject.

my favorite way to buy is "subject to" with giving the seller some money at closing...  

For that reason, I attended the High school of commerce in my town where the main subject of studying was Finance.

The system is somehow disabling ALL my keyword alerts because of this.I haven't received a single keyword alert (including those I click through frequently) in over a week (usually 5-10/day) despite resetting my preferences several times a day.PLEASE DISABLE THIS FEATURE.  

Make sure you sign up for keyword alerts on subjects you are interested in.