Even if the bk is successful in stopping the sale, the Trustee is going to have to hire an attorney to appear in the bk and then you get into the problem with the reduction in equity described above.I stand by my belief that neither tactic is a useful tool in this situation.

You can assume any government loan as long as you meet the requirements.

Your income from the long-term properties is considered as your personal income so it shouldn't be so impactful.

My options usually include the all cash/quick close to flip myself, listing it (as an agent) but also offering the seller to do a JV flip together, I could wholesale it, offer to buy it myself for a BRRRR or other long term personal investment, etc. 

You have to be willing to play the long game and overpay with the intent that eventually after renovations you will take maximum market rent and turn a profit.

I have found a potential short term cabin in a great spot that is only wanting to have someone assume their current loan.

I'll start out with asking what your long term goals are.

Lenders:Several lenders offer investment property loans in Columbus:- LendingOne: Provides short-term mortgage loans for property purchases, refinancing, and rehabs- Longhorn Investments: Offers hard money loans for Columbus real estate investors- Longleaf Lending: Provides 30-year rental loans for long-term rental property investmentsFor BRRRR and fix-and-flip strategies, consider hard money lenders.

It doesn’t matter to me if he is or isn’t represented and I told him that it only changes the terms of the deal and how much he gets, my offer is the same.

***Update Here***Should I keep Or Sale Gut Flip in B- area.If I sale my new flip best I’ll get is 30k after 9 months.If I keep as a Long term rental I’ll have to convert the garage into a 1 bed cottage at an additional cost of $35k leaving a total of $107k left in this deal after 70% refi and closing cost.