In this case you own.2. subject has a loan or mortgages and intends not to pay them off, but wrap you around and not transfer the deed or title to you where you make payments to owner and they pay the bank(s).

Your best deals will probably be bank/broker financing. 

Personally, I've used my primary's equity for some investments in the past.

They want an “experienced “ person with me. 

I personally would be careful trading options with borrowed money… seems like a risky proposition.  

To address this, we agreed that I would work in the business for six months to verify the financials, which so far align with his POS system.My main issue is that at 23, I don't have strong financials to get a conventional loan at 75% LTV with a ~7% rate, and the seller's lack of financials complicates bank approval.

as long as there is not a ton of junk fee's this is basically commerical bank rates.

Is this a local bank? 

I could go on but i hate typing lol so if you are in town and would like to have coffee with us i would be happy to provide you with the answers to the testJeffery, this insight personally makes me a bit more intrigued by the option of investing in Reading.

Is there some sort of solution where I can keep the old railing in place and make it safer without breaking the bank?