The New York-based retailer, which also owns Bloomingdale's and Bluemercury, recently announced plans to close and sell 55 stores this fiscal year, up from an initial 50, due to strong deal momentum.

That's what I was thinking as well, thanks!

Assuming a loan and using Subject To are two entirely different things.If you can't qualify to assume because of DTI, then you shouldn't think about Subject To either.There are serious risks in a Subject To and it's only for well funded, experienced investors, with an exit strategy.

Any help, advice, or contacts to help make something happen would be well-received, thanks!

Also realize your insurance is based on the number of units as well.  

Proposal 1:  Sell well below market value and stay either rent free or very low rent while continuing to be responsible for all repairs and upkeep. 

If you're local housing authority is decent to work with and you screen your people well section 8 can be a win for everyone. 

If you have a history of having rented the property by the room, a lender will very well look at the rent you have gotten and lend based on that (or at least the DSCR won't reduce below whatever LTV is offered on the appraisal).

I've done this with my properties because I'm well known in my small town and don't want people to know what I own.LEGAL PROTECTION: By placing your assets in an LLC, you are legally separating them from your personal assets.

I am planning to buy a house in Bronx, close to the city, I found a single family house 1 and 1/2 bathroom, 3 bedroom, finished basement, garage, and yard,The house looks in really good condition, I already made an offer for 570.000, in melrose Bronx, I know this is not a safe neighborhood, but I do believe the house will appreciate and also I think I could easily rent it since it’s close to the subway,What do you guys think, will a house in melrose Bronx will appreciate it, taking into account it is close to projects and it’s in melrose?