You are right that any lender who does 100% financing has to be ready to take the property as the borrowers are more likely to walk away, and they also charge more for that.Actually, the only reason I posted was because I don't think someone should shut the door to an HML if they can still get a profitable project done for these reasons:1.

If so, this 25k pops the property out of profitable range.Any info anyone has on exactly what a Recapture Agreement is would be greatly appreciated!  

Again no luck, the pay off balance is too high for an investor to make a profit.

We split all profits 50/50 per couple".

This time though the profits are earmarked to long term SFR rentals.

My guess would be that if the profit spread is $10k or less -- or 10% or less on bigger deals -- that Assignment is the preferred choice.

She has found this to be pretty profitable for her.

I know it sounds great on paper.. and it may work and if this is only 5% of your available cash you can take the risk.. but if this is the majority of your investing cash I say risk is simply too great ... .listen to @Curt Davis sage advice he has been around the block for many years and is not trying to sell U something like all the rest of the folks posting on this thread.

I picked up my condo for a great price and did a complete remodel which has increased its value by significantly more than I put into it, which made me think why don't I do this with other condos and sell them at a profit (hopefully).

We hope you and your family have come through the recent ordeal without any major issues.