Loans still waiting for a firm commitment from the FHA are likely to keep on waiting for awhile, sources say.This is good news for private money, non-bank lenders, also called bridge lenders, or commercial “hard money lenders.”

I plan to implement a wholesaling marketing campaign to find discounted SFRs, flip a couple of those to acquire my first buy and hold as my better half is not ready to commit to using "our money" quite yet.

The entire purpose of the HUD policy is to put a stop to the fraud being perpetrated by corrupt appraisers in cahoots with investors who would over-value a property to commit fraud against buyers and banks.

I do like Kaaren Hall & uDirect because they have a great commitment to education & outreach to the investor community.

I am about a week away now from refinancing that one and looks like I will have an extra $6,000 out with a 70% loan to value and cash flow about $250 on a 15 year note.I like the idea of the quicker cash with a flip but can't seem to bring myself to commit to it when I see the long term potential.

A tenant may not wish to make that commitment just to satisfy your borrowing needs.

Do your shopping before you commit then stick with the one you choose.

Keep in mind that doing either of these things with a short sale is very difficult without committing fraud these days...

If you stick around and commit yourself, it will eventually happen.

They are a tight knit community committed to each other and accepting of all newbies to support them and help them succeed.It almost seems like this post is blowing off steam at people who want to change their life for the better, but don't know how and they are being ridiculed for it instead of being encouraged to succeed.