Just speak to your broker about it and they should be able to give you some easy solutions.

Rather than that, if a loan is called because the property underwent a condo conversion (apartments into condos) or subdivision process without the lenders awareness/approval, would they still be required to offer a preforeclosure period before being able to foreclose, as is the case for lack of payment?

I'd love to know more about it.

Are there other ways to obtain a mortgage loan without a current income with a good amount of cash on hand?

I am not trying to be glib, but seller financials are next to meaningless.  

If you are wanting to manage someone else's property and aren't even local to the property you aren't adding much value.

It takes time to get used to it but it's awesome!

I plan to raze a house I own in SD county and build a quadplex on this one parcel. 

I am not afraid to ask the “stupid” questions in order to learn.

Hi Sanat Bhandari,I would love to help and see how we can work!