Thanks Simone!

Hi @Harrison Lewis, they are allowed but there is some nuance to it.You will need a written approval to participate in the pre-foreclosure from the servicer with written details of the additional fees and payments and has the option of renegotiating the payoff amount to release its lien.That is the toughest thing to get but once you have that, you can use your VA entitlement for that purchase.

@Dawn Brenengen Thanks for the mention :)@Steven Lewis I'm sure you've seen me post about this before, but don't be afraid to go non-local.

I would mention the original poster of that old thread but it seems my @ mention isn't working for Alex Simon.

Sam Simones While it happens it is unethical and potentially illegal as you are using a silent 2nd to get you the 20% for the purchase priceProviding false and/or misleading information on a loan application is only up to a $1M fine and up to 30 years in the slammer

Hi Lewis,Great question. 

@Brian Sparr @Terri Lewis @Sylvia B. 

@Simon Stahl When someone says they buy for cash, it means they have liquid funds available so they can close quickly.

Quote from @Terri Lewis: There are programs such as Batch Leads.

Quote from @Robin Simon: Quote from @Randall Re II: As a real estate investor seeking a Debt Service Coverage Ratio (DSCR) loan, you should reach out to multiple commercial lenders such as banks, credit unions, and alternative lenders.