Now, perhaps using the words "under market value" is not the exact or proper wording as far as accounting or any other practice is concerned, however, my thought is not on what the proper words are, but the intent and what is actually accomplished.Secondly, I have purchased under market value on every flip I have purchased and after closing and before closing, used this to present to lenders, backed by reliable and public information, to establish loan to values, equity positions, and safety nets for lenders.

May I know if anyone knows of a reliable mortgage broker or banker in Jersey City area?

And most lenders sell their loans to Fannie Mae, or want to have the option to sell them to Fannie Mae.A private money lender seems to be the best solution for this problem.Note that a government loan (must be a primary residence) would settle for a 3year waiting period (after the Deed to the home went into the bank's name..)

For example in my area it shows only 1 house in foreclosure/trustee auction and like 3 in pre-foreclosure, even though there are dozens.Same for houses that were recently sold - sometimes the list gives you owner X, you look at records, and they actually sold the house 4 months ago.I'm not saying it won't work, but keep in mind it may not always be super reliable for this kind of list.

Creditors must generally use reasonably reliable third-party records to verify the information they use to evaluate the factors.

Our company does try to provide turn-key solutions, but also several different options to out-of-state and in-state investors.

Always offer them some type of solution...You're the problem solver!

If you have the chance to show that you are an intelligent solution creator only then will you find success.

Generation Y’ers are using non-bank services and payment solutions like PayPal.com and Xoom.com versus using traditional bank accounts, and most expect to access their bank accounts via their mobile devices.

I'm looking at getting into the market without the MLS and somewhat nervous of how I can provide solutions for the seller.