when Fannie Mae Flex 100 allowed all of the highlights above (less the non-occ co-borrowers) it was the ultimate end-user loan for flips, since Fannie Mae has no seller title seasoning rules.i don't have much of a solution for you, but yes what you heard is true.

No, but it does mean you should be familiar with the options available to your client and be able to refer them to a different specialist whenever appropriate.The purpose of loss mitigation options is to provide an alternative to foreclosure for homeowners who have had difficulty keeping up with their payments but who may still be willing and able to stay in their homes.

I don't have the reference, but if you do a little digging, you'll find that a lot of it is just fiction and a lot of those "investors" lost a bunch of money.

I'm not a licensed Realtor but as far as I know you should just refer the buyer to a Cali agent and collect a referral fee.

it's funny you used that reference.

Can anyone refer me to someone?

You do not have to try to get them under contract, you could refer them to another investor in your area and receive a referal fee.

Can anyone refer me to a good contractor or handy man that has reasonable rates?

They can also, search the states database and find your LLC's and then cross reference them with your properties owned.

It's referred to as an "upside down' situation when the owner can't expect to make as much from sale of the house as he owes the lender, but I just don't really see why this is the case.