A CFD or L/O you'd buy the property subject to, it's not just "buying" the note.

So..LO's are nice houses nice areas....wholesaling is normally cruddy houses in cruddy areas.

This is well known company based in IL. 203k product is time consuming so make sure you pick the right company and right LO to work on your property. 203K is for primary residence only .

I’m looking into applying for a low documentation loan for a rental property in Mississippi or cash out refi. Does anyone have any experience with a company or can someone recommend a company they have worked with bef...

Easier to work with, expect to close faster, and with less stress.The LO on offer #2 is electing to roll closing costs into your loan balance, the LO on offer #1 is electing to ask you to pay them out of pocket.

I'm surprised the LO didn't catch this and had to go as far as you did. 5-10 properties no cash out allowed...

I would like to get the contact info of specific LO's that know the underwriting guidelines.

If a L/O has a buyer looking for a house or a realtor they work with has a buyer they can refer that person to you.

I know of a wholesaler who has a non-paying tenant in a L/O property, and without the reserves it causes financial stress to have to pay for somebody to live in a place when you're expecting that somebody to be the one doing the paying.

@Chris, I will check with the buyers bank (as they all go through LO's that i know can speak openly with) and see if they allow assigning of contracts.@ Andy he knows that I am making a profit however he doesnt know the extent of my profit, which is the problem that I had with the original Private investor that I use for the past year and half..