You are right that any lender who does 100% financing has to be ready to take the property as the borrowers are more likely to walk away, and they also charge more for that.Actually, the only reason I posted was because I don't think someone should shut the door to an HML if they can still get a profitable project done for these reasons:1.

If so, this 25k pops the property out of profitable range.Any info anyone has on exactly what a Recapture Agreement is would be greatly appreciated!  

Again no luck, the pay off balance is too high for an investor to make a profit.

We split all profits 50/50 per couple".

I haven't exactly forged an empire that will create generational wealth. ... but I evaluated a deal, made a pro forma, and decided this was a minor risk I could afford to take, but it feels so much bigger than that. 

My guess would be that if the profit spread is $10k or less -- or 10% or less on bigger deals -- that Assignment is the preferred choice.

She has found this to be pretty profitable for her.

I picked up my condo for a great price and did a complete remodel which has increased its value by significantly more than I put into it, which made me think why don't I do this with other condos and sell them at a profit (hopefully).

I'm pretty conservative by nature, but would hate to overestimate the profit potential.

With two, you either will likely kill your profit or you will be checking in on them.