Would that be a proper tax treatment? 

I have investors lined up but don't have a proper understanding of what a professional investment summary should look like.

Take ownership of your mistake and learn to do the proper due diligence recommended above😊

I often joke that if they want a 1/3 of the revenue they should put up a 1/3 of the down payment and co-sign for the mortgage..lol Also depending on the geographical region, there's a chance the larger PM operations could be managing several properties in your area.

Full disclosure - I'm a mortgage broker actively placing private money construction loans. 

With the new Business Owner/Investor continues to pay the Mortgage with a service company so payments Principal and Interest go to the Bank as scheduled per the original MortageHow can the new buyer do a wrap (#subject to) with the #first #lien for the underlying mortgage where as the Seller equity is in the second position?

If you're looking to leverage a mortgage, plan on a 25% down payment for a condo/townhome... the vast majority here are non-warrantable. 

Your cash value grows tax-free (with proper planning), providing you with an ever-increasing resource to fund your real estate ventures!

It kills many birds with one stone (you get a place to call home for a bit, while others pay the mortgage and you continue to build equity). 

@Bryce Carroll,"mortgage would be accounted for by 2b"?