Not related to mortgage brokering, they're just providing servicing to add credibility, convenience, and on-line tools.

- I don't have a license, can I still manage property for my relative and get no financial compensation for it?

Freddie Mac, page 79 of their latest 10-Q says "Our REO property inventory declined 17% from December 31, 2010 to September 30, 2011, primarily due to a decline in the volume of single-family foreclosures caused by delays in the foreclosure process, including delays related to concerns about the foreclosure process, combined with continued strong levels of REO disposition activity during the period."

If you're using the price you paid, you should be able to do this relatively quickly.

My name is jeremy, and im a relatively new member of this greatly appreciated and informative site.

I would create a relative ratio to that concept which is fair and produces you a return.

@Richard Warner I believe a "double close" is related to this situation in which the title companies I talked to couldn't perform.

Crunching numbers and hoping that I can get an offer accepted and when I do, hoping my relatively small buyers list will actually have someone that will buy the property.

However, if the rehab wasn't huge in relation to the purchase price, this would appear to be very appealing.http://themortgagereports.com/6336/delayed-financing-rule-cash-out

This is where I wish I had a relative that was a plumber and another that was an electrician.