Pretty sure both those first choices are loan fraud, unless everything is disclosed to the lender and the lender agrees.A rehab loan or hard money loan with a rate-and-term refi is your best bet, IMHO.

He is handling my case against Trada right now for fraud and is doing a terrific job.

Well, it is loan fraud to say you're living in in when you have no such intention.

As long as everything matches up between whats on the contract and who closes it then there's no problems and no fraud.

Now they're going to investigate mortgage fraud.

Question: the agent I'm working with says the double closing is fraud.

Here is an example of why so many states have tough "foreclosure consultant" and "equity purchase" Laws:

Tuesday, May 27, 2008
CA AG Shuts Down Foreclosure Scammers

California Attorney General Brown today shut down...

Neighborhood watch: mortgage fraud, copper theft, and now house stealing

[size=24]House Stealing![/size] :shock:

http://www.tcdailyplanet.net/article/2008/05/22/neighborhood-watch-mortgage-fraud-copper-theft-and-n...

Add to that, a little research turned up the fact that the top guy at NRU has a criminal record....insurance fraud.

I trade business cards, and talk to as many other investors as possible.They have two sponsors for each meeting, who have booths available - companies like title companies, legal, or Identity theft outfits.