Once educated, however, by all means, get as creative as possible :PTypically, an L-O shouldn't initiate a due-on-sale clause until the actual closing, but that may be entirely dependent on the wording of the mortgage contract.

Lo - if I offer you all cash and close in 2 weeks, what's the Lowest price you will accept?

I am wanting to target preforclosures, divorcees and absentee homeowners, I figured those are the people ill have the most luck with when it comes to L/O.

Your LO needs to versed in how to make deals work for investors. it is NOT hard but there are a lot of LO's out there who do 2-3 deals in a good month so they just do not see deals from investors all that often. 

Here's an article from Paul Moorehttps://www.biggerpockets.com/renewsblog/how-to-lo...And here's an article about a  scammer "stealing" people's houses, giving real estate investors a bad rap!

Yeah you guys confirming my thoughts....that the LO is a slight step above a complete fraud and the 3rd party underwriting company deliberately sabotaged this loan just because they decided they didn't want to lend on a mobile home to a Hispanic buyer...and they decided this at the last minute after ever conceivable hoop was jumped thru with flying colors. 

Hello, i am quite new in REI, and i am interested in Wholesaling and L/O.

Lo, I ponder why he gave up when I had the will to persevere.

What percentage of sellers/leads will generally be okay with this type of transaction (assuming they are okay with the LO in the first place)?

He did state that he found a bank and after giving all of his paperwork to the LO and ordering an appraisal they then asked for more paperwork that he just did not have.