They might allow for a no seasoning rate and term refinance, but that would have you bringing your closing costs and and lender fees to the table.

.: Subject To and Wraps are very similar and yet, very different.Subject To & Wraps share these characteristics You are taking over payment of the mortgage and transferring the property into your name You become the owner The loan does not get paid off The lender can and sometimes will call the Due on Sale You have to have money or credit to solve a Due on Sale call They are used when someone doesn’t have much equity and doesn’t want to pay a real estate agent They are used when the seller wants to sell fast They are used when the property isn’t really a good candidate for the MLS because of the condition of the property They are used when It’s a unique property and it’s hard to find comps They are used when it’s a distressed situation that needs to be resolved They are used when the monthly payment is below market rate (that means it cash flows) They are used when the seller wants to avoid the hassles of listingSubject To & Wraps Differences In a Subject To, NO new mortgage is created.

Depending on the interest rate and loan amount (eg $330K at 6.5% after 7 years you'd have paid about $40K off the principal and $120K in interest).

If it were me, I'd find a friend or family member with some cash, convince them that it is a good investment and say that you will manage it for them at market rate of 15-25% depending on your market.

However, if you're managing your investments with a bit more tact, you will put your bonds in the IRA and your higher growth investments in the Roth which would give you differing growth rates. 

Your payment should drop by two thirds.$160,000 for a 2,000 sqft house is cheap, even for Milwaukee proper.

Hard money loans typically come with higher interest rates (10-14%) and often have a balloon payment at the end of the term.

I currently own a retail building I purchased years ago. 3 years left on the loan with a sub 4% interest rate.

Way too much gambling/luck aspect to it and even when you win for the year the tax rate is awful compared to long term gains. 

I was able to increase my monthly income rate of $1800 to $2300.