Regarding "predatory in nature", I really don't view this loan that way.

So for example an investor say gets a 7 cap for a purchase but after tax benefits can extract into the double digits.

That said, if you want to dig into REO's, especially ones in Chicago, and you want to extract en masse, I've got some knowledge there that I am always willing to impart.Or, you could just put all my offers for me and rake a handful of slam-dunk commishes off 1 investor every month.

Or, is even that being too cheap, something that will totally turn most buyers off to your rehab job, thus using natural stone of some sort is really your only choice?

Don't create a niche un-organically, let it develop naturally and you will succeed.

Gorgeous house and great progress Cover the line-sets with PVC covers - google "mini-split line-set covers", eComfort.com has a good set you don't have to order online, most HVAC supply houses and even Home Depot will sell simplified covers of that nature, probably made of sheet-metal as far as covering the condensers, I'd build a 36-40inch cute picket fence out of cute wood or PVC with a cute door for servicing.

On Page 251: General Borrower Eligibility RequirementsFannie Mae purchases or securitizes mortgages made to borrowers who are natural persons that have reached the age at which the mortgage note can be enforced in the jurisdiction where the property is located.

Investment properties tend to not have MI because in their nature, they require more of a down payment to get the loan.

And, naturally, I am always available to answer questions here :)

Also, probably more than a lot of the rookie wholesaler/flippers that hear about theses deals, think they just throw together some contracts, extract a fee, and walk away to let the parties fight it out when something goes sideways.It's usually riskier for the buyer, since if the seller can't/won't perform, his money may be in the seller's/wholesaler's pocket already.