There might be a CU Credit Union or Non/QM lender out there that might have an allowance on their Seller held Second.The only other way I have seen it work in today’s model is when the seller updates the Vesting on the home and add's the New Buyer to the title.

This model is insanely risky for everyone involved for a multitude of reasons.

I’ve been underwriting deals this month with a goal to analyze 5 properties using an Excel model I built.

Their business model is to cater to the guests while the hosts hold the risk.

Advise, change the marketing.. test each marketing piece you are doing and if there are changes that need to be made, copy, marketing type (mailers to PPC), make the change and put it into test mode to see what needs to be done to get more deals equally more money. 

When ships were the primary mode of bulk transportation, Milwaukee was just better positioned in the middle of Lake Michigan.

I personally would never go with that model is that is begging for management issues like roommate drama and chasing rent.

So coming out of that I created a new model in 2012 so that I would never have to foreclose again and its not for everyone and I dont want to work like a broker Its a different model.

This, however, is the first time I've worked on a complicated, emotionally-driven unraveling.Leaves me in damage control mode with this particular client...trying to minimize tax impact, protect each person's equity position, and avoid unintended gains or basis issues down the road.

Our model is to purchase real estate and rehab the units, place tenants, put under management, refinance long-term (why most are only 6 month terms) and then either hold long-term or seller-finance to an investor or tenant.