Can the WISH grant and the Fannie Mae / Freddie Mac Home Ready/Home Possible loan options be used currently?

Negotiate "transferrable purchase agreement" with homeowner, price at that 60%+/- ARV number; contract for long escrow (90 days to 6 months, as possible)3.

In all, we were able to do a cash-out refinance after 1 year and got our entire investment, including down payment, back into our personal accounts and we still have a cash flowing property.The beauty of smaller town and communities is that often big-time investors are not looking at them as closely and they can cash flow quite well, at the sacrifice of "natural" appreciation.

If that's not possible, then we pay the utility and bill it back to the tenant or we increase their rent and include utility costs in that charge.At a bare minimum, you need to find a way to monitor utility use and put a stop to this before the bills get so big.

I think this becomes much simpler if you take the appreciation factor out entirely. 

What could you possibly be sued for that will not cover you from insurance? 

An agent can have their MLS access revoked and possible action taken against their license for screwing around with this. 

This makes the entire process easier.

It is also possible to purchase the properties before or after the auction up until the court confirms the foreclosure.

Zachary, if I understand the requirements correctly(and it’s totally possible that I don’t) I believe I should meet the requirements of REPS easily with my activity in the home building company.