Down payment funds may seem tricky to those who get lured in by the countless con artists on social media selling the notion 100% financing using other people's money is easy.

Personally see these laws sweeping the nation.. 

Personally, in this market, I would work on saving up and really doing my best to find a great opportunity and pull the trigger then.

If you are nearby, if you have ever been a pizza delivery person, maybe deliver a pizza to the wrong house that may or may not be the one being foreclosed on so atleast you can see inside a small portion. we used to just go knock on the door some folks would actually let you look around.

Does not appear to be low IQ person to me .

Is it their credit score, their track record with loans, or the investment they’re trying to fund?

I appreciate your response and hopefully we will get a chance for an in-person at one of the meetups. 

I would not borrow from ANY lender I learned of over the internet unless I knwe personally people who had used them. 

The first mortgage will provide a payoff to the sheriff/court and the funds from the auction go to them.

Gator most of the risk is on the person providing the earnest money.