I like @Rick's response - - UNLESS you are a party to the transaction (for clarity, the buyer OR the seller) you'll only muddy the water and if you were involved as a contractor at any capacity, you can easily get your name sullied needlessly. 

I suppose you know what the balloon payment is now, however most residential loans are NOT assumable and I read the ad as the seller selling as a "Subject-To" transaction as an all inclusive deed is a type of special warranty deed where the seller does not give clear title, title is subject to paying off the existing lien as agreed.

I am all for investing in local real estate transactions however ever since we have rented properties on VRBO I have been curious if these types of investments work well for people.

-Ryan2 REO HOMEPATH TRANSACTIONS: I have purchased 2 4plexes in 2 separate transactions about 2 years apart from 2 different listing agents as REO's from HomePath during this last cycle.

My primary lender is based in Florida so I would probably need to utilize a new lender for out of state transactions.

AB-BC closings... you actually close the deal using transactional funding and resell the property to the end buyer in the same day...

I don't have much cash (~$30K) and am unsure what deal makes the most sense for my first transaction.

Hello EveryoneI work for a private lender in Philadelphia, but have never been on the opposite side of the transaction as the investor.

@Leisha Cousarif you are purchasing a home being sold by a (seller's) agent it costs you nothing to get a (buyer's) agent to represent you in the transaction - as the buyer's agent is paid by the seller.

We just had to put a bigger earnest money and deal with the agent instead of the owners themselves. if you submit your offer to the agent they are required by law to show it to the owner. some of them will not allow you to assign it and require that you be the end buyer after seeing your prove of fund (which you can get for free if you have an LLC ) in this case you will have to use transactional funding to do double closing. just try and submit your offers or letter of intent.