If you don't advertise it publicly but offer in private, you don't promise anything.If you do offer the premises for rent publicly, it has to be compliant with Fair Housing law.It's a slow time in rental business and if you never find who are you looking for, are you willing to take on financial losses because of that?

Banks make it hard for us to acquire multiple properties.Plus the buyer is subject to current interest rates from a traditional lender of a private money lender.Subject to purchase allows us to help more sellers and give the seller more for their property.Allows the buyer to close fast and does not require an appraisal or loan approval by an underwriter.What Are the Steps?

disclosure laws vary by state and if a private sale or thru Realtors The buyer is generally supposed to verify information

@Jordan Northrup, Sorry to say but securities are specifically exempted from 1031 treatment.  

I'm purchasing a junior non-performing mortgage behind a performing first mortgage secured by a home in Massachusetts.  

My C ... well thats a different story, I'm thinking about just selling it because of so much problems and I don't have enough cash flow to cover it all, otherwise I might do the BRRRR strategy (just found out about it) if i can find some private lenders. 

Feel free to reach out privately if you come across anything.

BRRRR properties are normally purchased with short term financing (Hard Money, Private, Money, Cash, and a few other methods).  

It has a private mortgage on it of 100k.

The sales price would be $200,000, the property rehab would be approximately $80,000-$100,000 and the ARV would be anywhere from $400K-$450K.I’ve secured preapproval for a conventional homesense loan but the closing time on that is 45-60 days.The seller needs to have a fast close so I’m exploring HML or other options.I’m a first time rehabber so I’ve noticed that most HML lenders have really awful terms for first timers.I’m in North Carolina and was hoping somebody could direct me to reputable lenders that will work with me.