This will be costly in today's market and interest rates, but might be worth a shot if they can afford to stay.If they don't want to stay and you want the the townhome to rent to someone else and just want to assume the loan, well then she can call the lender and see if the loan is assumable. 

Why would anyone want to deal with a subto deal with a rate that is at or above todays interest rate?

If that's the case, you should be able to rate/term refinance at ~75% LTV with a DSCR loan, and with some interest-only basis, your payment will go to ~$850 (based on ROUGH pricing TODAY).

The city’s diverse economy, which spans transportation, healthcare, and education, provides a solid foundation for long-term growth.

In Texas we can go inactive, so no Broker, no selling, no MLS access,  but you still have to keep up your education CE hours and such. 

There are some lenders that brokers can work with that also get down to Prime (7.5% as of today). 

@Julie Doke: Industry specific software speaks to you and you can easily relate it to your day to day process.

half of my clients in Miami are Foreign Nationals, in todays market ive seen 7-9% depending on some factors but im not a lender, just my experience as a real estate agent

Am excited to venture into wholesaling and I've been educating myself on terms, technique, and form of going about it. 

I heard a story today of a condo owner whose entire complex was lost.