Any agreement that the seller and I would make outside of the sales transaction would not be considered when doing the appraisal...the appraiser is looking at sales comps and income. 

In Las Vegas, for a short time they were the way to go, but the market out here has shifted and short sales in most cases are no better than a bank owned and the bank owned is a much quicker straight forward transaction so the need to pursue what is often a messy more time consuming transaction isnt necessary.  

If you are flipping did you look into a portfolio loan or a transaction loan.  

Not representing anyone in the transaction but yourself.

I'm asking these questions to determine whether you would qualify for a 1031 Exchange transaction.

The sponsor pays RealCrowd a fee and then RealCrowd isn't involved in the transaction after that.

So, you're either paying off that mortgage or taking over payments ("subject to" transaction).

So don't take it as a failure, take it as "well that didn't work, so I can cross that off the list of what I can do" and just move forward.  

If you're planning a retail flip, then you're going to have to go up the food chain more with higher priced homes.

Anyway, private lenders being the best route still though relationship dev & nurturing is paramount and timely where time is not our favor, portfolio lenders such as Colony (interviewed w/them) and alike being 2nd choice and, local banks with a set up channel or that are interested in servicing these type of transactions could do good for all.