I live in WI and I am wanting to do subject-to deals, but I am afraid that I am only limited to 3 out of the 4 seasons to do deals.

These days they want an 80% LTV , high FICO's and a year lease with the loan application to help cover the income stream.

Certainly would be worth doing if your ownership includes all the equipment that's inside a Jiffy Lube.My understanding is that amortization periods for NNN properties may be limited to the remaining lease term.

In most states, creditors are limited to a charging order against an LLC.

Personally, I like wholesales because it is easy with very limited risk and huge paydays.

The net result is that the "taxable income" from the rental may well be negative even though the cash flow (aka money in your pocket, which is rent - expenses - mortgage payment) may be positive.There are limitations, though, on your ability to deduct this against ordinary income.

I suggest camping out at your computer and reading as much as that and other applicable forums as you can.

What is meant by: I do consider each scenario for a possible junior lien purchase (when applicable) in lieu of a SS to create built in profitWhat exactly is that if it's not a SS?

Every individual property is in a seperate LLC and as broke as possible, this limits the liability should something go wrong (lawsuit) at any one property.

My credit has gone down to the mid 6's, so I don't think a lender would even consider an application from me.