Most owners don't qualify for a shortsale.Banks and their mortgage investors (Fannie Mae, Freddie Mac, etc.) are going to try and get as close to market value as possible.

I am wondering if anyone has any experience working with Fund and Grow and if they are willing to share their thoughts on the company/their experience with them.Tags: Kenosha Wisconsin Milwaukee BRRR Fannie Mae foreclosure Fund and Grow

@Justin Colley  Fannie mae's waiting period is 6 months, not 12, I'd shop around with a mortgage broker to find a lender that underwrites to fannie guides.

Meaning, its a larger mortgage than Fannie Mae or Freddie Mac will purchase.

The last Fannie Mae deal I had, fell apart the day of closing.

@Molly Turner - You should be able to but ask a local real estate attorney just to be safe. 

Next was a 4 unit apartment , same realtor, but Fannie Mae listed on the web.  

Would an FHA 203k loan work, or possiblly a Fannie Mae homestyle loan? 

Traditionally, banks will let you, as an individual, acquire up to 10 Fannie Mae, Freddie Mac loans under your name.

He described what he called a Fannie Mae Homestyles loan.From my understanding, this loan has the estimated repair cost rolled in with the property cost on the closing date, with the repair costs held in escrow until the contractor can prove he has completed however much of the work (25%, 50%...whatever).