We have seen a couple things here in central OH. 

If the market value mentioned above is accurate and the “initial” loan balance hasn’t increased by rehab funding, I wrote above that the proceeds are just a couple million after closing costs and commissions.

If the home is 100 yrs old, I'm assuming it's a definite gut which is going to require new plumbing, electrical, heating, cosmetics.I spent about $140K reno on my multi family in the heights on NY ave and there were massive problems with it but it was a gut to 3 units & adding 2 bathrooms, 3 brand new kitchens 4 bathroom reno in total, all new flooring, sheetrock , insulation, framing, doors, electrical, plumbing, paint, parts of roof etc.

If was originated as owner occupied in the past and no longer is owner, if you have change of name on deed or insurance, if impound had a dispute, claims - are a couple reasons why the servicing changes.

Here are a couple of HOT tips:Buy furniture on facebook market place on the last day of the month to score bargains.

It takes longer to realize, but the gain is worth so much more than a couple hundred dollars of cash flow a month.

I've largely stayed away from the "sub-to" buz word, but I have done a couple sub-to flips knowing that I only needed to hold onto them a couple months and I was prepared to pay off the notes if they were called.Sub-to for long-term hold on the other hand has me nervous. 

I am all "invested out" I believe, got into many projects over the last couple of months.

The entire fiasco will create a media circus and a go-fund-me campaign for the poor couple damaged by this stupid law.

@Tori Roy A couple red flags I noticed with this company that you posted.