An innovative and creative way for flippers/real estate investors like yourself to obtain more properties without going to the big banks or the pricey hard money lenders.  

Once the Certificate of title (in FL) or Sheriff's Deed or Trustee's Deed (name depending on state) is recorded and the parties of interest (lien holders) are notified, you will be on the hook. 

They also have plans to invest in real estate to help with their upcoming retirement and they are open to partner up with me.I understand the Canadian to American dollar is at .7 to 1 right now however the ROI in the US seems better and I could also leverage my parents good credit to obtain financing.I have around 5 years of industry experience as a (home owner, landlord and realtor) and would like to be hands on with the transactions, managing some of the rehabs and hands off with management.Any ideas and recommendations would be greatly appreciated.Thanks in advance.

Cash Reserves Required For Other Properties Owned by Investor; If the borrower has 1-4 mortgages, an additional two (2) months for every other SFR investment property and second home is required and additional six (6) months for every other 2-4 unit investment property and second homeIf the borrower has 5-10 mortgages, An additional six (6) months for every other investment property and second home.DELAYED FINANCING EXCEPTIONDelayed Financing ExceptionA cash-out refinance within six (6) months of a purchase transaction when no financing was obtained for the purchase transaction are allowed under the following parameters: The new loan amount is not more than the actual documented amount of the borrower’s initial investment in purchasing the property, plus the financing of closing costs, prepaid fees, and points (subject to the maximum LTV). 1.

Please also see the qualifications for obtaining a second FHA Mortgage. https://www.biggerpockets.com/blogs/5110/blog_post...

I am also currently enrolled in the Commercial Real Estate certificate program through UW to learn more about financing, development, etc. of commercial real estate.Overall, my plan is to acquire long term buy and hold residential and/or commercial properties in core areas or emerging corridors.I am excited to get more involved in the real estate community.

Hello Brenda, I would consult with your broker at KW about your wanting to wholesale because not all real estate offices allow it because of the idea that you are not representing the client/seller to obtain the highest and best offer.  

. ($6MM - $150MM)So, I guess it was only natural for me to acquire and/or to obtain other types of investment deals/proposals/offers from all the various investment sources, brokers, agents, managers and so forth.

The mortgage company will do a flood search officially, called a flood certification, but here's a site to DIY search: https://msc.fema.gov/portal/search

I regret every bit of it. if he is a partner in suggest you obtain a differant contractor.