If you’re interested in obtaining a property “subject to” then your target market is exactly opposite, you want mortgage debt in order to take over ownership “subject to” the existing debt ( just the opposite of trying to find properties the owner will finance; with these debt free is better).The typical seller, in the type of sellers market we are in now (multiple offers, cash buyers, auction style bidding) who will do a subject to deal is one that financed his property with a minimum down payment (like 0-5%), hasn’t put any improvements into the property, isn’t in an area of fast appreciation, and needs to sell.

Real estate is seldom a short term play - in fact, other than rank speculation in Vegas style gambling, no investment is going to make you rich, or financially independent in a couple of years. 

. :) I live in Las Vegas.

We invest in our own backyard (SF/Marin County) as well as, both currently and in the past 20 years, in Davis CA, Las Vegas, Rochester NY, Chicago and St.

Paying for advertising has been the norm for the 20 years I’ve been doing it in Vegas.

The more you learn the better you will be able to decide what style of investing is right for you.Best of luck!!

So, I’m wondering what the best options for lenders are: portfolio or the standard bank-style lending, and why?

@Chasing Vega If the mortgage is in your name, but you transfer the ownership of the property to an entity out of your control.

We are interested in house hacking in Las Vegas area.

@Chasing Vega Technically you do not have a choice.