@Jason Mayer no, but I have an agent that has a few Section 8s himself who I refer my clients to for Denver/Colorado Springs.

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You agreed to rent the entire property to them for $X.

@Jeff Skinner welcome to the BP community!

Your only way to get cashout is a full-blown cashout refinance.Not aware of a lender that will do a HELOC as a junior lien to seller-financing.

When people bring up Subject To (very risky) and private money it's usually because they have seen a lot of scaling content.

They know the market, understand contracts and law, are experts at negotiation, provide a second (objective) set of eyes, and more.

I would talk to a title officer unless of course your an attorney state then talk to another attorney who can look up case law.That's exactly what I recommended to the family. 

I'm going to need a few more details.

Purchase price: $2,800,000 Cash invested: $560,000 The property is a three-story multi-family residential building with six independent units, initially facing significant challenges due to poor conditions.Renovation Investment Summary:- **Structural Repairs:** $250,000- **Kitchen Modernization:** $100,000- **Bathroom Updates:** $50,000- **Exterior Improvements:** $100,000- **Holding Costs:** $50,000- **Property Taxes:** $30,000- **Insurance Costs:** $10,000- **Management Services:** $10,000