Many, if not all will provide the Investor, a Proof of Funds letter, which I am not sure works yet.Some of these funder's offer a 90 day "extended funding" for homes that can be fixed in that time.

If the owner agree's to this type of transaction is there a way for me to structure the deal where I can collect my wholesale fee, and move on without being the middle man for the duration of the agreement (note, etc.)?

Mathematically, you as a borrower do not really see payment reduction by extending past the 30 year mark.

Be careful and do not over extend cause you want more.Good Luck

Companies that extend credit for second chance auto purchases want to know if a potential purchaser has strong automotive payment history.

I have always required a one year minimum for my own reasons in addition to the HOA rule, sometimes at the cost of having extended vacancies.

Sometimes I read posts where I can tell someone really needs to study some more before they hit the streets, this is one of those posts.A Sub-2 is an agreement that extends financing by a seller, in this case the owner is a landlord and you live in the property which means this is an owner occupied sale.

If your acknowledgement date was April 16 and you scheduled inspection for April 30 your 10 day due diligence period is already over, which doesn't leave you with much leverage.I understand the utilities was not on but that doesn't change the duration of the period.Is the contract already executed?

Since it will take 2 weeks or more to find a tenant I am just concerned about leaving the home vacant unmonitored for extended periods of time.For those of you that do please include what price you are paying monthly if any for the service.

Usually HuD won't cancel a contract for an issue like this, they will extend closing at no charge to buyer until it is taken care of in my opinion.