If not, now the fun begins.If you buy it as a non-performer will require extensive work to contact borrower to try to get them repaying, checking on taxes, fines, and fees by city, county, state, and federal to make sure you do not lose the property that way.

This morning I read an article posted on MSN.com regarding whether or not Detroit will receive a government bailout to help improve the diminished economy of the Motor City.  

I'll also mention as a newbie wholesaler with no money, you need to stay away from those in foreclosure, that's a mine field of trouble with federal laws having teeth.If people live in a place, you need to have a good idea of who the buyers are first before you go sing you song to a homeowner, if it's empty you'll have less issues and more time to go beat the bushes for a buyer.

Because this is handled by a federal court the constable/county court is refusing to allow the constable to go to the home for forcible removal.  

Also subtract the total amount of your fees, including junk fees, such as government recording fees, document preparation, wire transfer fees, etc. 3. 

Anything up to quads (4 units in a single structure) the government treats as 1 unit for purposes of loan.

The Association should have a professional property manager, have governing docs that were updated within the last 10 (preferably 5 years), have completed a reserve study and have a trend of gradually increasing fees that reflect the reality of increasing costs. 

I was going to buy more but we have been looking at state and city tax and then federal and got killed last year. any thoughts? 

Some companies mimic or say they are government backed, but so does chase and bank of america, they’re backed with FHA.

I've used Washington Federal before for a cash-out refi and they made everything easy.