This leaves very little window for an effective "Subject To" deal.The other factor to consider is that mortgage arrears (historically <1%) and defaults (historically <0.5% ... less than 0.3% in parts of the country) are substantially less than in the U.S.A.  

Definitely consult a lawyer about the situation and make sure what you’re buying has this factor priced in.

If its an occupied property you need to factor in eviction costs/time and you will likely have no interior access so rehab costs are a complete unknown.

However, a developer mentioned it would be a wise idea to do a condo conversion even if I’m planning to keep the property.

Hello! I'm going nuts here trying to figure out how to properly set up a statement that shows my cash flow. In particular, we have a reserve (escrow) account that we put money into each month the year before to cover ...

Financing for follow-on properties was a big deciding factor in purchasing the property with all cash.

He had a few other properties in Cancun, a lot in a development community right on the beach, and a pair of massive farms where he had big plans.

have you factored in insurance and or financing costs if you need it? 

@Daniel W FinleyIt would be interesting to know if it is fact or fiction.

Ryan,Asset based lenders do not factor in debt or income - only credit, cash flow of property and loan to value.