This is what the owner is suggesting:"Give me $2000 now, and I promise that the piece of paper I give you will say that any vested interest I have in the property will become yours (even though I'm offering no proof that I have any in the first place, or who else might), and by the way, any Taxes and other Liens that are outstanding, er, of course I'll attend to them with the money you give me.

For plain-jane, agency stuff, they should be competitive I guess since generally the rules are the same nationwide. 

Caliber Home Loans is a nationwide lender and recently introduced a program for people with your type of financial issues.

In the last downturn, MF delinquency on mortgages was 1% and SF properties was 4-5% nationwide. 

So I get there after 8.30pm, made new friends and met lots of people and general contractors.See this link:http://www.ripoffreport.com/reports/phill-grove-scam-you-be-the-judge/nationwide/phill-grove-love-american-homes-phill-grove-real-estate-coaching-scam-austin-texas-1277687

You also have access to some nationwide programs, but they typically require a lot more money put into the deal than you have available. 

It's in HUD's charter to keep a mortgage insurance reserve of 2% of all outstanding FHA mortgage debt.Maybe a bit more than you needed to know, but it helps answer the second question.

I have never known someone with 3 outstanding VA loans. 

I was really hoping to get feedback about whether other investors are looking in the area and what they thought of the community's location as a deterrent to future sales.For me, I have to get an outstanding deal on the property to justify the potential long carrying period as the community digs out and gets back to normal. 

She does not make as much as my partner, but her employment is a standard, full-time, W-2 position, since ’07, her credit score is outstanding, and she has over $300k in cash/retirement reserves.