Freddie loans are accessed through a network of correspondent lenders, called Seller/Servicers, who perform a similar role as FNMA’s DUS lenders.

( A well written (skinny) contract, all the right protection clauses and honest disclosures... automatic extensions.)This business has so many moving parts, seller personalities, dealing with relatives and third party know-it-alls, the estate, seller's agents or lawyers --- be prepared to deal with these gate keepers! 

If something were ever to happen, she would be fined, not the person who actually performed the work. 

Again, if any of this sounds interesting to you, don't hesitate to reach out to me (replace the "0" in our main phone number with a "1" for my direct extension; look in my signature line below), and we'll see if we might be the fit for you. 

I have a little experience in the real estate market when I purchased a family members house, performed moderate repairs and sold it. 

Don't send money to a property manager if you need extensive rehab done on a house.

Our best performing 3 unit MF cost $130K in 2014 after repairs and returns $1950.  

It can take a while to find a deal though, so don't spend it all at once...Marketing is something you have to do consistently over a long period of time, so stretch it out a bit, and constantly put more money into it as you can.

They get about 10 deals a month but because they have such an extensive buyer list as a result of the signs, they can find a buyer for almost any lousy deal that comes along.

The seller didn't end up having to perform any work, even though the electrical panel was not updated.