As an example, in your case, the bridge loan would be used to convert your existing mortgage into a temporary loan with a very low monthly payment.

I can understand that the cost of the home over time shouldn't really exceed the cost of a home outright - as you said, the money is in the TOH park sale in the future.

Property is in Upstate NY Is this replacement cost coverage with special form?

Then they get the appraisal done, and the ARV looks too low, so they have to cut leverage to the 70% LTV loan amount. 

Low growth for appreciation as well. 

Clair for around 15,000 but the chances someone will choose to want to live there is low.

So don’t assume that all HUD recipients are low life’s.

But here's the real low down - as much as I or anyone else on this forum knows about title, we aren't legal experts and if we were we don't have all the facts necessary to render an informed opinion.  

I offer to purchase the home for a discount equal to the expected cost of PITI plus repairs/maintenance for the life expectancy of the homeowner, plus a margin for profit.I have the option to refinance the home to pull money out of it after purchase to finance other real estate deals.

For sophisticated sellers with highly marketed deals, invest extra time in thorough due diligence.Next, assess the property's condition and estimate renovation costs.