I can lend up to 100% of the purchase price and 100% of the rehab costs for experienced investors on 1-4 unit properties.

@Chelsea DiLuzio the Midwest markets are way different than the markets out west!

I've had a BiggerPockets account for a little while but wasn't active at all in the past.

Quote from @Jyotin Gautam: Yes, a referral agreement can stipulate that the referral fee be paid at closing to ensure transparency and expediency.

Knowing the rent will likely show up each month—even if the tenant has challenges—removes a lot of the uncertainty that can come with rentals.The people listing this apartment as a “Section 8 property” are likely trying to target buyers who value that stability.

Your instinct to speak directly to the PM and not through your realtor is spot on.

Has owner financing come up in your conversations with your friend from church?

I argue that more money in the hands of the rehabber makes the loan safer.

I had a non-performing loan once where a borrower would do a deed in lieu, but there was a deceased co-borrower, and my attorney required me to go through the foreclosure process to clear title.The borrower knows you’re foreclosing and does not contest the foreclosure and “turns over the keys” to the lender.  

Is he just wanting to dump the property or trying to maximize profits.