Most HMLs are going to ensure that there is little risk in the value of the underlying asset (these days, at least) with low LTVs, so that leaves the other piece -- the expertise of the borrower to convert a loan into profit.But, most of those who have expertise in this industry have lower-priced options than HML, so HMLs are going to be servicing less experienced (read: much more risky) borrowers.

John is dead on here....Any lead a wholeseller can not work with because there is no equity (too skinny) can be used for a lease option assignment, if they the sellers say yes to this.Mr and Mrs Seller, there really are only 4 options for your family, if you have to leave the property.Option 1) Sell with an agent and pay the costs to sell.

Get it fixed up leased up and refinance it into long term conventional type fixed rate financing. pmt of 90k less then 600 bucks pmts a month. 4 apt at rents of 600x4= 2400 per month leaves 1800 to pay your management costs and prop taxes and insurance.

Using HML you will need skin in the game.Conventional requires 20-30% down if the property (and your credit) is even bankable.

Rather than leave the valuation up to an appraiser, I'd bring in two to three real estate agents familiar with your area.

After doing so, make sure to winterized the home before you leave to avoid any problems.If they still do not comply, you have two options. 1.

Did you leave the home in broom clean condition?

There's some real pros here on that topic so I'll leave that for others to jump in on.

Should I try to rerent the place out or do I have to leave it for a while since I did not get the keys back or a written notice?

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