They are all normal bank products just with rates and terms that are a little higher and the bank holds them in their own portfolio of loans instead of selling them off.As far as the time commitment, if you want to start investing now and feel you have the time then go for it.

I would research much further before committing capital to the idea.

I have heard countless people say things like this before and the bank forecloses or they lose their shirt, etc.They say they want to honor the mortgage commitment to the bank but the property being that much underwater and damaged sometimes it makes sense to walk away.What if someone gets hurt or killed on that property and they get sued as the owners to add insult to injury??

While I completely understand not wanting to waste your time giving bids where you don't get the work, asking your customers to commit to giving you work without a price is much more ridiculous.

You will make some really life changing connections here if you are persistant and committed.

There is no reason it should take longer than that to get a loan commitment letter for the buyer (regardless if it's FHA, VA or conventional).

I hoped they would see I am qualified and I was committed to making this happen.

It does sound like it could be possible with being committed to it!

I pride myself on self- assurance, motivating others towards success, high integrity and a commitment towards excellence.Constantly striving towards being creative, and enjoying this trait to work with my team in proactively finding solutions is a necessity.

He is committing a fraud..