The simplest way to achieve what you want is to purchase the property subject-to the existing mortgage.That said, there's a decent amount of training and paperwork you'll want in place before tackling such a transaction.

It's also nice to be able to take care of your own paperwork and know exactly what is going on with the deal.Weather you get your license or not it would be very beneficial to work under your friend that is an agent.

After providing all paperwork the underwriters asked for I'm about 53% debt to income.

Don't forget to keep the paperwork on everything in case you get audited.In the end, its may not be worth the trouble. 

This means they will simply provide the correct forms and do the paperwork for you.

It's probably best to ask your settlement company to explain their paperwork.

Hello,I recently was in a webinar about syndications and they emphasized how important it is to only wire funds in a syndication deal after the countersigned legal paperwork has been returned to you.

I am hearing that because of the Covid situation it is taking longer for the local Municipality to process all the paperwork (30-45 days) but I don’t think that that is unavoidable in any situation.

After 2 yrs your name will  be removed from Title/Paperwork when house is refinanced.

There is a lot more complex compliance paperwork you have to keep dependent on how it got into inventory as LIH.If it's a HUD project contract, I definitely wouldn't unless you have a really experienced PM.