@Ronnie SparrowI have run into this before you DON't need realtors involved at all, but you have another big issue to fight.If they are using financing, the bank will not be OK with the double close (not under contract with the owner on file) or an assignment fee on the HUD (obvious reasons).Now, you can attempt to do something on a handshake outside of escrow, but thats at your own risk, and i would still draw up docs.Best bet is to close on the property and immediately put it under contract after closing with your end buyer.

Hopefully by the time I attempt to refinance to pull out equity from this property the data will be a little more accurate.

I would not attempt to accomplish much other than gain information on your first visit.

They use algorithms that attempt to estimate what the property is worth, and these values can fluctuate wildly compared to the properties real market value.

There are local banks that may be able to do a cross collateral loan which is one larger loan that liens all your rentals together.However very specific advice on your scenario can vary depending on your unique scenario, financial statement, credit, and etcCash out with conventional financing on financed properties number 5-10 can only be done if the subject property for which you are attempting to cash out was purchased with all cash from your own sources and the cash out is applied for and completed in under 6 months.

to consider making an offer to fix and flip or to get a contract and attempt to Wholesale the property?

Very well done @Steven LaubI would always recommend to not attempt rehabs from afar.Great job tho.

Here's what we decided to do:Initially we sent welcome letters and repeated requests for the tenants to call and got nothing back until after multiple attempts, including sending someone over to the property to hand deliver the welcome letter.

They could decide that these "disguised credit transactions" were originated in an attempt to evade regulation in which case some court is going to give the borrower the home and all the money they paid toward it (perhaps including lot rents paid) in damages. 2.

However, let him know up front that any attempt to hide, conceal, or otherwise prevent your discovery of information that would affect your decision will result in immediate denial for the respective applicant.