If you are 100% LTV and there is something that causes you to sell the property you will have to bring money to close.

So I wanted to purchase something that would not only make me money - but also a place to live.

Are there folks out there, private money, that will provide second positions loans?

I have seen many get completely ripped off and worse, contractor takes the money and poof their gone.

It's actually in my opinion, easier to use than the desktop site because its more simplified.

You'll need to have things repaired ASAP or you'll be refunding guests and lose even more money that way.

Every VA in the world is using that nonsense.It doesn't even make sense to a seller since you said you can have their property sold AND you decide on a price and send the money to them.

Redoing the titles and warranty deeds for our properties is costing us money I could have avoided if I had known better. 

When is comes to mortgage debt this is pretty straightforward:"When a borrower is obligated on a mortgage debt - but is not the party who is actually repaying the debt - the lender may exclude the full monthly housing expense (PITIA) from the borrower’s recurring monthly obligations ifthe party making the payments is obligated on the mortgage debt,"  https://selling-guide.fanniema...As I understand it, when you sub-to that does NOT obligate you on the debt nor extinguish the obligation of the seller on that debt.

The idea that you can build wealth without putting any money into it is a recipe for disaster and the sales pitch of gurus trying to steal your money.