One of our borrowers who successfully flips on the South Side (Dobson, Park Forest, etc.) is capitalizing on the abundance of discounted rehab properties (on market and off market via wholesalers and the such), which is a key strategy given rising rates. 

You put 10% down and you borrow $90,000 from the seller and make those payments (at 5% amortized over 30 years).

Perceived deception & missed payments are tantamount to losing the case.The lender sends the tax forms to the borrower under the borrower's SSN.

I see that you recommend NOT having my mom deed the house over to me in order to borrow against it.

Let's say you borrow $100,000 to pay off your $50,000 IRA loan, $25,000 on credit cards, and keep $25,000 for finishing renovations.

Got an equity line of credit and borrowed from it to pay cash for the property.

Shame on those here recommending it.Similarly, don’t even consider borrowing against your personal residence—even if you could qualify.

I do not borrow money for the EMD.

Most mortgages aren't "assumable" (able to be transferred) and even if it is the new borrower would need to qualify the same as the original borrower.

My team has conversations all the time with borrowers, especially those that own real estate, that  thing DSCR options are their ONLY options.