My partner had a 660 to start, which isn't great but was the min FICO for the loan program.

i didn't follow up as i chose not to pursue the property.i work for a lender and they apparently still do loans as low as $30k, but i'm an employee so their programs are different.my thought is that if it is in an area w/low values, someone has to be out there lending.my advice is to get in touch w/a great local mortgage broker.

Iam working on lease option programs in SD..

I would also look in to the state and fderal funding programs.

Even if lenders work out programs, or Hillary freezes foreclosures for 90 days (whatever that means), it will only affect a subset of the people in trouble.

They signed up 6 people who will participate for 6 months in their program for free and work off the cost by short sales.

I had a bank that I had been working with that offered rehab loans… Due to the mortgage mess that is going on, they have eliminated the program…Anyone able to broker loans to lenders that still offer rehab programs?

So I was chatting with one of my friends last night and we talked about maybe going in on a deal together as an investment home.

It won't work in your program, however.

Looking forward to chatting with you.