I talked to my realtor in Orlando today and she said things are pretty slow right now there, buyers are getting more concessions for sure.

As someone that's traveled (13 year Army veteran), I saw the value and still think prices here are extremely reasonable for all the natural beauty and access to amenities.Interest rates have priced a lot of first time home buyers out of the markets.

If there's no credit report or appraisal, then those loans cannot be sold on the secondary market (at least I don't know of any buyers for those types of loans).

I am advising buyers to buy now if a deal makes sense financially. 

Buyers will not like it. 

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

I found the property on the MLS that was on the market for 45 days + only because nobody took the time to analyze the potential and no one was willing to listen to what the seller needed.

Here are a few things you should consider:Homes from the 1960s, if well-maintained, can be solid investments, but ensure the price reductions align with current market values and potential ROI.If not, it'll be like a buffalo taking a dump in your ear. 

You should have some funds set aside for reserves, or potential LTV cuts. 

You will find much easier and cheaper financing options and can get into a home with as little as 3% down (and depending on your income, potentially no money down).