Am I crazy to think that a loan like this exists?

In my area, the typical investment does not exist.

At a minimum, it should start raise eyebrows that there are no set standards of effectiveness...no lessons learned that have been captured...from the thousands of existing HOAs that can be quite powerful in an individual's ability to own and use land.It's more of a curiousity.

Im assuming your talking about taking over the payments subject to the exisiting loan.so let me break it down to you....1.sales contract with subject to existing loan clause on it.2.create a land trust conveying the property into the trust and your company or good friend as trustee.3.have seller sign a warranty deed to trustee showing seller still holds 100% beneficial interest.4.have seller sign an assignment of beneficial interest (ABI) naming you the sole beneficiary to the landtrust.5.you would file the "warranty deed" at the county clerks office but hold on to the "ABI" for future use when selling the property DO NOT FILE THE (ABI)!

Is there an affiliate that you can co-exist with.Driving traffic to any business is called marketing.

We can't pretend these things don't exist and don't cost money to repair or replace.

Determine how many competitors exist in the niche you want to compete in. 3.

I am not saying this isnt a legit company, it is one of those things that sounds too good to be true and usually they areI have come to the conclusion that this company may infact exist, but this man does not represent them.

A detailed process of exactly what you have to do exists somewhere, but you may have to go discuss it in person.

Purchase Offer:$300,000.00 $225,000.00 New first mortgage (or possible option of assumption and or with increase of existing first to 75%)$50,000 Second mortgage (carried by vendor for 5 years interest only at 8%)$10,000.00Initial Deposit$5,000.00Additional Deposit following condition removal$10,000.00Balance5.