Real estate attorneys play a huge role in keeping deals smooth and secure, so your insights will definitely be valuable here.Looking forward to learning from your contributions, and I’m sure others will appreciate having you as a resource.

No other security measures.

As well as the note is receivable, essentially they are lending me money secured by the property.

We are both wondering how we can feel secure in the transaction process.

Quote from @Joseph Tadres: Hello Michael,I'm sorry to hear that you are having trouble securing a loan.

I also work with a lending firm that helps investors secure funding to grow their portfolios, so I enjoy seeing others in the community step up to support beginners.

Looking to schedule under delayed financing exception, from the lien being recorded, paying it off at closing, and the transaction mimics a cash purchase.Concerning the property transfer would be filed as form 709 (life time gift exception) from the current owner to me.As well as the note is receivable, essentially they are lending me money secured by the property.

Real Estate is very expensive here, but also a very secure investment.  

It’s about the same for securing a Subject To.

I’m glad to be here, and I’m looking forward to learning from others while sharing what I’m seeing locally.Here are a few observations from my side:In Phoenix, the model works best where floor plans allow for simple bedroom conversions, tenant demand is strong, and zoning is not a big obstacleRents in this space have stayed solid even while the luxury rental market has softenedNationally, PadSplit recently crossed 25,000 units in 25 cities and secured $40M in Series B funding, which shows how much demand exists for workforce housingFor those of you in other markets, are you noticing similar trends with shared housing or workforce housing?