Many homes for sale are already have the inspection done for your viewing.

I found a niche market for a STR and found a house last year for sale (75k) I put (20k) into it and just got it appraised at (165k) ( AWESOME!) 

East coast is typically Judicial, it involves the lender suing and going to curt to get the right to foreclose.I like to say that Pre-Foreclosures are before the "Notice of Trustee" / "Notice of Sale" is recorded and Foreclosures are after a "Notice of Trustee" sale has been recorded and a sale date is set. 

Hello BP mentors, is there anyone who can guide me on Subject-to sale?

@Kalen Adamson unfortunately the sale of the shares from your brokerage account will be what triggers the capital gains tax no matter how fast you put it into the LLC account. 

I have grown up in "metro" Detroit area (Warren, Chesterfield, Macomb Twp) and for the past 3.5 years worked for a moving company in the same area doing sales and became a sales manager.

It costs money to build a flex product, few hundred k, won't be a "no money down" or "syndicate from your friends" type of financing.Many of my clients are buying and constructing buildings as graduates of the program.

They also better be able to back it up with property available now or showing past sales (in the past 6-12 months) and how those would have cashflowed. 

I'm guessing a true sale needs to happen here.

There are other products in the non-QM space as well: bank statement loans, P&L loans, asset based loans, etc.