From what we've seen, I'd recommend staying away from the Direct Loans (IE just dealing with the Govmnet) they can tack on subsidies to those loans and they will sell this as a great benefit to you to lower your payment, but you'll have to pay those back when you sell and maybe incur pre-payoff penalties if you flip the property.

Team -I have a colleague who is seeking an investor-friendly RE agent who lives in or knows the Morristown, Tennessee area.

Posts seeking specific recommendations need to go into the Marketplace.

See a real estate lawyer well versed in real estate law, seek out your REIA and ask for a RE Attorney well versed in real estate matters.

The loan might have to be assumed as it has a high pre-payment penalty which sometimes can be a few hundred k and gets smaller each year as the loan reaches maturity in most cases.

If compliance issues arise the attorney should seek advice if they lack expertise.

What kind of down payment do they usually seek?

I'm buying some secondary liens that are ready for foreclosure but have enough penalty in them to give a decent return if they are redeemed.

Analysis of conditions like this may hold the answers you seek in Massachusetts.I don't have any first hand experience in wholesales but if you're savvy enough to find a diamond in the rough I have friends who were able to double their money in under a month.Good luck!

There are penalties if you do not.