I attempted to go through a small local bank though I got screwed on the appraisal, lost $2500 with a BS appraisal and almost the deal.

Long] was at the forefront in resisting the efforts by lenders to assert default against borrowers who attempted to sell residential real estate without paying off the low interest mortgage.

It is zoned to allow for a higher density so I don't need to change that, I'm simply looking to divide one lot to three.In Lancaster County, SC all you have to do is have it resurveyed and file the new plat with the county, but I am imagining Mecklenburg will not be that simple.

If you are wholesaling and you're broker is cool with it, just make sure your process is transparent...a lot of brokers are not investors and they simply don't understand your perspective of using creativity to solve problems and earn a buck. 

I have been told by the treasurer that the owner has until the deed is filed to pay the taxes and fees in full and then a full year to file a case to attempt to prove the sale is invalid and that is the only recourse they have.

If you have a general idea of the returns you'll be targeting with the smaller purchase nearby simply compare the two from the ROI and risk involved.

I have my favorite gear classified ad sites and get much better deals at those sites.Note a value add does not need to be constrained to simply rehabbing a property (but that is what my value adds have consisted of). 

He lived in SoCal and was attempting to make investing work for him and he wanted a faster track to cash for investing without having to borrow as much. 

@Ricky Knack Well, Someone is responsible for it.....typically your purchase price is enough to pay off All outstanding debts, and they simply paid from the seller’s proceeds at closing.  

I also don't believe that you are attempting to get one by on the seller, just maybe a bit new to how contractual agreements are supposed to work between parties acting in good faith.