The recently enacted Emergency Economic Stabilization Act of 2008 accelerated the effective date to October 1, 2008.

Some items that really accelerated my learning:Read Brandon Turner's book on Rental Property InvestingListening to the BP Real Estate podcast https://www.biggerpockets.com/podcastListening to the BP money podcast https://www.biggerpockets.com/moneyshowAttend your local REIA meetings to networkStart analyzing deals to get practiceEngage more on the BP forumsAll the best!

You also need her to sign a Disclosure that she understands the loan will remain in her name until you pay it off, that she may not be able to get a new mortgage, and that the lender is within their rights to accelerate the loan.Personally I would line up the T/B before taking title so the money goes out of your pocket on one side and right back in on the other.

This will give you the opportunity to learn up close and accelerate your attainment of knowledge.Also - don't type or think this again -  "but I don't really have a whole lot going for me right now".

No potential for seller financing while in default but, you could bring the loan current and pay all the fees and then do a subject to although, you risk the lender accelerating the loan and putting it back in default once they find out you did that.

Leveraging intelligently can often accelerate and exponentially grow a portfolio, so yes having the right financing is key. 

Although most investors have a preferred strategy and may try to sell it to others, me being no exception, once you analyse your options, 15 or 30, the choice should be obvious and 9 times in 10 the option to go with 15 or accelerated pay down has nothing to do with making money (the future being entirely unpredictable).

Which will accelerate gentrification..ironically..

You then can make additional payments, or setup an accelerated program to pay it off as you might choose. 

I'm newer to investing but would love to put a bow on a package deal to accelerate my portfolio.Thanks!