The standard wait time with Fannie Mae is 6-months for cash out, so look for a lender who offers delayed financing if you're going to complete your rehab in under 6 months.Best of luck!

You have to remember as an agent you are held to higher standards and if a home owner feels as though they were taken advantage of (especially if payments aren't made after the transfer and the house forecloses)  then it would be safe to say you won't be an agent any longer.  

You are a developer and are required to meet standards, even if they seem unreasonable.  

My suggestion is this, stay in the home for the period of time, fix it up to market standards, and then sell it for a profit.

Yes, It is in a lot of the standard clauses and condtions that we use.

She may want to use the Standard AAR contract but I can send you a simple 2-page investor one if you message me your email.

Again, that fee schedule would have be standardized across occupancy regardless of age of occupant.

Can someone please provide a standard template or direct me to any site where I can download them...Thanks..

The agreement was basically written out on a standard residential sales agreement with the terms of the owner financing (me) spelled out to the seller

Freddie Mac requires 2 years of history however.If it's an SFR that you're looking for then 20% across the board is standard and when you start looking at units ( max 4 for conventional financing ) the down payment will change depending on if you use fannie or freddie for your loan.I hope this information helps and if you have any questions please ask and I'll do my best to help you out.