I forgot to mention that what I have now is a CO-op and I found out that for example Wells Fargo will not give out a mortgage or cash refinance for a Co-op.

@Larry T.Forgot to mention that I'm not interested in a flip unless I have to exit because I don't want to pay capital gains.You are correct it would be 107K not 134K.I just found out today that the owner will file a claim on her roof and get it repair or replace, saving me 5-10K.

The existing mortgage stays in place and the buyer takes over the payments and the deed is transferred to the buyer.The most common stipulation found in a “subject-to” contract is that of the buyer completing a home inspection.However, with home sales becoming more difficult and find the need to sell their house for far less, buyers are harder to find and those that make offers are not able to complete the purchase because they face difficult lending criteria.This is where subject-to an existing mortgage comes in, what this means is that we the buyer of the home takes over the title to the property, but the seller retains the mortgage itself.

He didn't state how their company could help you get large unsecured lines of credit on the podcast, so I set up a call with them to find out more info.When I finally spoke with someone and found out their magic formula was me opening up a bunch of credit cards, I had to laugh.  

I actually think we are leaning towards moving a small historic house onto the back of the property - found a big time developer that is going to cover the moving costs, because he cant demo the house, so the net cost to us is pretty minimal. 

Im interested in getting into real estate but there several obstacles that are slowing me down im thinking about doing some whole selling to build up enough for a downpayment for my first house i want it to be great to rent out rooms, but my problem is not knowing where to go from here i found a house i want to flip, but where do i find a buyer or investor... does anyone know of a way to help?

I've found a duplex that is currently either completely vacant or only occupied on one side, possibly by the owner.

I thought it would be simple at first but now that I've found the link, I could use some help.

Congratulations, you have found one of the most valuable free resources on the internet for real estate investors new and old.

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