Buying sub to refers to keeping the loan in the "seller's" name and you, the buyer, "promising" to pay that mortgage on time.The only way this method works is if the loan is "worth" taking over, meaning that it is not some ARM or high interest adjustable loan and that there is enough equity remaining.

The HOA board would normally be composed of a few motivated individuals that are willing to serve and are elected (or chosed by defalt) by the rest of the owners.

Finding out their real needs and motivation is the key.

Whether or not the USD will debase faster than platinum decline remains to be seen....

Lending will likely remain tight (banks insolvent)2.

I even agreed to give a 1000 deposit, upon signing and the remaining 1200 upon start, however, this didn't work out.From what I've read most people on here only pay upon START, not upon contract signing correct?

What motivation would the bank have to sell at a discount if they still hold a first lien?

if they don't take it, move on to a more motivated seller... nothing is more frustrating or time-consuming, as a newbie in this business, than dealing with an idiot who has an inflated perceived value of their property.

My best success has come from using lenders who we have a prior relationship with (assuming they have not capped themselves for the rest of the remaining year).

You've made it harder for the lender to find out, but ownership has changed at that point, and therefore, the loan is due.I also suspect that as long as the lenders are up to their ears in other toubles, and interest rates remain low, they won't both as long as you keep up with the payments.