I'm looking at the numbers and trying to see if I can make a deal "subject to the current mortgage" work and purchase the home myself.

Just like the discussion subject says I am definitely a rookie and have little experience doing these strategies.

I was going to be the kid with the highest grades in the class.It took a while, but eventually I graduated at the top of my class, summa cum laude, with stratospheric GRE General and Subject Test scores.

They don't have a one-off policy that says it's close enough.If the mortgage is more than the value of the home, your deal is subject to third party approval, which means it doesn't have any value.Two things:one, when you're sending in a blind offer off-market, they have no real idea about the condition of the property or the value of the property.

Depending on the circumstances, you may be subject to the state taxes that the investment is in, on top of national.

Like someone said above, a lot of times petty crimes can skew the hot/cold zones.

Interested in finding out if anyone on BP has been given such great offers from subject company, subject to a $850 Processing fee. 

Is there Opportunity for a good deal or is the market hot and everything bought up quickly?

The subject of medicaid and real estate continues to elude me.

I should have included that I own a management company in the same city as the subject property so I will be able to do the following by running certain expense through another business:1.