I'm sure investors are a significant part of it, but more so the Fed taper on treasury purchases and subsequent uptick in mortgage rates ever since the last Fed meeting.

All third parties are hereby put on notice that any leases, assignments by the Landlord/Seller, liens, options, mortgages, or any other conveyances or transfers occurring subsequent to the date of the Lease/Option are hereby declared by the Landlord/Seller to be null and void and of no force and effect.

However, any subsequent things that come up (i.e. addendums to change the rent due date, simple lease extensions, etc), I prefer to handle via email or postal mail.

I am glad to know that my subsequent steps are sort of in line with your advice: take smaller bites.

Stewart,22 have interpreted the language referencing procuring the injunction “prior to the effective date of termination of the contract” to mean that if the purchaser does not obtain an injunction prior to the period set forth in the cancellation notice, then the purchaser may not subsequently raise any defense to the cancellation, including a defense of waiver.

I bought a FNMA 4plex as my first owner-occupant property (in the 15-20 day "first look" period for owner occupants), and subsequently bought a FNMA 4plex that had been on the market for over 200 days.You can use HomePath or FHA financing for FNMA purchases.

Again, if I could make a profit, I'd want to keep these guys on my team and work on their lending terms in subsequent deals after you've built their trust.Good luck! 

We were subsequently able to transfer it when we sold.But we took it back @ $34,000 (DIL of foreclosure after our borrower went broke) & sold it after 4 years of $950/mo rent for $75,000 & still hold the note.

@Shaun Reilly   Shaun that's based on a hot condo market which as most will recall when the market cratered in 08 condos got killed off first...I know in my little town of Portlandia Orygun there were about 3k units that never sold and were converted to apts.

The big banks, particularly the ones - like Chase, City & BofA - that got hammered in the mortgage crisis and the subsequent lawsuits, are not good options for anything other than the most standard and traditional of circumstances for mortgage lending.