The other 'more legitimate' way forward could be to get it rezoned to R-3, replatte the property, put a new street in with proper sewer and water mains.

I just recently moved back home to NJ for work and decided to move back in with my parents (not fun but ironically closer to where my job got transferred rather than getting a place) so I am saving a ton more money that will hopefully enable me to make my first deal this year.

So if a first closing has not occurred yet, then even a legitimate sponsor has no obligation to register (and so most won't and nothing will show up).

. -- For me, if you ask any legitimate operator out there, if they tell you they have money falling from the sky, that would be shocking.

No legitimate company will speak to someone like that.

They were legitimately concerned, lol.

What legitimate lender does that?

I negotiated the initial deal, brought it to a Bigger Pockets investor and then once we closed on it, I did all the project management and coordinated with the contractors as much as possible enabling partner to travel and be as remotely as needed.

I negotiated the initial deal, brought it to a Bigger Pockets investor and then once we closed on it, I did all the project management and coordinated with the contractors as much as possible enabling partner to travel and be as remotely as needed.

Assuming it is legitimate, the subject-to model can help you save money on taxes and get you a nice monthly check.