Purchase price: $271,751 Cash invested: $30,000 Purchased subject to the existing mortgage What made you interested in investing in this type of deal?

We've done exactly this with my middle son, and three of his friends...find their first house that has rental space that they can leverage to offset most if not all of their mortgage.

You can find it here: RADIUS Platform is your one stop for CRE due Diligence - CREtelligentThis is normally used for commercial properties, however if the zoning district is information is online then it should show up on the map if you look at the specific property.

Where can I find basic template to write a mortgage for family.   

The 30 year fixed mortgage as I type this sits around 6.125%, conventional NO POINTs and VA 5.5% NO POINTs. 

Wondering where to list them online for leasing?

If someone is also buying section 8 we can also arrange a deferred payment mortgage.

Lenders just want to see that someone will be covering the mortgage + some. 

Our required flood insurance tripled in price over about 5 years, was higher than our annual landlord insurance, so we just paid off the mortgage and no longer have flood insurance.  

I will write "cash or existing credit line" next time.One of the two friends is actually my mortgage broker.