The state requires a 30-day period to allow the borrower to request mediation.

Since he has been in the business for awhile he has a network of buyers that he can sell to fast (buyers List) or he can sell the car for more money to a retail customer.Wholesaling houses is the same skill set expect the whole sail buyer uses a due diligence period in order to market the home to his list of buyers,or if it is a screaming deal he can buy the house and retail it after the repairs.The whole sail contract has an important clause which is after the buyers names  and or to an assignee  There is nothing really fishy if you have the skills and means to research and complete your deals in an ethical way 

So we avoid taking the exemption period !!!

It used to be a mandatory waiting period, and the other traditional/conventional loan programs still have a waiting period.For Freddie Mac now, it's "No waiting period with LP approval."

But they do allow an inspection period within which you can back out usually 7 days [in my limited exp.], although the prop is sold as is and they will make no repairs.

The rest of the figures default to a standard scenario, but can be adjusted according to your situation (purchase price; interest rate; amortization period; down payment...).

I understand that there is a period of due diligence once you get the property under contract, and I was wondering if you guys would help by telling where do you find accurate information about rent rolls, property income, expenses, taxes, etc. 

Over a short period of time, it will generally alert the lender of your good paying habits and you will be issued a small balance credit card.  

Normally, over a nine year period, that gap would have increased significantly in your favor.

What would be the option period, money down, option money?