Any thoughts or suggestions are appreciated.

@Tony Wood, I don't believe you can view the MLS without a realtor or a license, however I would suggest realtor.com as an alternate.

There is no purchase, or any steps towards a purchase until the Option in the Option Consideration is exercised.

I’d suggest disclosing this plan to the seller.

I’m not in your area but I would suggest think long term relationship rather than quick money.

I'm always open to suggestions and opportunities!

This exercise will give you a deeper understanding of the relationships between the variables involved.

Before reading your post, I spoke with them as they are used to doing Subject To deals and they said that the policy holder would switch to my entity name with the mortgagor's name as secondary - I am interested to see what their feedback is with your suggestion -- as your approach seems to send less "red flags".

I'm looking for a small multifamily in the area to live in one unit as an owner-occupant and rent out the rest of the property.Any suggestions and advice will be very welcome.- Nicki in Philly

Though I wouldn't suggest that as your only method of making money since the amount you'll get paid will not be very high.