Hey David,I'd love for a LO or someone else to weigh in on this, but I'm almost positive what your trying to do is illegal?

You've had the opportunity to shadow an active developer for a while and may have gotten to also make money with them (you mentioned you were a LO in their open houses).

Jason  @Jason Maguire    The LO likely simply does not know about the Home Possible loan.

Only Broker / LO?

My advice is to get a better understanding of what a LO is. 

As an LO, there's nothing I love more than being able to pick it up at the 2 yard line and walk the 3 steps into the end zone without doing the other 98 yards of work. so I am a huge fan of USAA and outfits like it.

Lo - "If I offer you all cash and close in 2 weeks, what is the Lowest price you will accept?"

First, it can be hard to structure a wholesale deal involving Sub2, LO and Short Sale deals.

I would recommend asking your LO before your start the process so you know what to expect and what their underwriters will request!

https://www.bizjournals.com/lo...