Homepath is a FNMA lending program, available for purchasing REO properties from FNMA, and some of these properties allow for rehab to be built into the loan.

One of the things I used to coach my clients on when I ran a coaching program is that contracts mean very little if it costs more to enforce them than you gain by executing the deal you are using them for.

VA has some pretty good loan programs.

We have signed up for the Summit.We are so excited about the entire program & especially the Wholesaling camp & curious about the Flip & Fix.Please provide instructions as to how to register.Thank you in advance for your assistance.Have a great Super Bowl Sunday!

I get South and West side of Chicago deals across my desk every week where the numbers appear to be mind-blowing.

Hello All Landlords/PM's, What tenant screening program do you guys use?

I've been analyzing some deals and the possibility of using Homepath financing.I know and have looked up the basics of the Homepath program but wanted to hear from BP nation your experiences and thoughts.Also, has anyone been successful in getting the asking price down significantly or is negotiation limited because these properties are government owned?

This practice appeared common.

I guess my situation could be worse, but I have a great multifamily under contract which very conservatively needs about $20k worth of work to be 'nicely' fixed up- new stucco, paint, carpet, updating bathrooms and kitchens, etc.The problem is I already have an FHA loan, and won't qualify for the ideal FHA 203k program.

Banks are rightfully suspicious of appraised values, especially in a still downward-trending market where foreclosures are running strong, and particularly when huge amounts of equity appear to have been created out of thin air on a deal.