Greetings everyone,I'm Tereal Wilson of Detroit, I'm here to learn make friends, respect and listen and learn from everyone views.I bought Charlton Sheets program 10 years ago when i was 20 years of age then i moved to Korea, of course other things became priority but now im back in the U.S., and i still have a passion for real estate.Ready to Learn...

90-120 days is typical for an actual approval.

We also have loaned the kids money & held the fully documented mtg(s) on said properties if they didn't have enough to capitalize the purchase.Always Beholding to the Fed Approved interest rates & this has definitely passed scrutiny.

I have a short sale I just rehabbed and put on the market that has a 90 day flip restriction that we signed on the short sale approval letter.

If there any programs, or lenders that could invest in me in order to acquire this property?

Even the city has to get property they own re-zoned with public hearings and approvals if they're trying to develop it and it isn't an approved use.

Foolishly, I was one of those who spent several hundred dollars in some crazy program so that I can "make $50,000 in 2 days".

Not only will that type of loan take 30-60 days to close, the condition of the property may be such that it can't even be financed by a bank, whether you're holding a pre-approval letter or not (that letter from the bank doesn't mean they'll take a distressed property as collateral, they won't!)

I suggest you look to your state sale contracts and adopt the same default provisions as has been approved and nothing more.

I'm sure there are programs out there, but I'd just hang around BP and see who is doing a lot of deals.