Side note- SUbject 2 is like a land contract but instead you get the deed at closing instead of after mortgage pay down

I refinanced with a portfolio commercial loan with this property, another subject 2 property and another conventional financed property.

I have done a subject to transaction in the past which turned out well.

I wanted to move on,  but because there was no equity in my home, I did a 'subject to' on my first home in 2013. 

If you can find the owners before the bank forecloses and they agree to sell the property to you subject to the existing loan that is one option.

Knowing how persuasive he can be on the phone, I politely told him no additional discussion was necessary.

The newness of the subject property is also a determine factor.  

Right now we are either wholesaling by assignment or interested in doing subject to's, while we are beginning to look for private lenders to help us purchase deals.

Once you find an attorney who understands what you intend on doing, draw up a list of questions you may have on the subject, and invest an hour or two at that attorneys hourly rate to have all your questions answered..a CYA session so to speak.

Your original post is enough evidence for them to get a court order to take properties you buy in the future.It sure took a while but somebody finally raised an important issue.Months ago, all national title insurance underwriters issued bulletins regarding the marijuana issue.Long story short, nobody is insuring any transactions where the subject property will be used, or will potentially be used, as a dispensary, growing facility, etc.