They can fund your mortgage themselves, or they can get your mortgage funded by a traditional lender.

I did a rehab on one, wholesaled another, listed 2 traditionally and listed 2 as short sales.We closed them all... but not the way we thought.  

In traditional legalese, "executed" meant a contract where all obligations have been fulfilled, and an "executory" contract was one where parties still had to perform.In modern terms, "executed" often refers to the parties signing the contract (or otherwise agreeing to it).I have bought a few properties from Fannie Mae, whose deed contains a 90-day restriction.

Currently thinking I'm going to finance via 2 traditional mortgages and one though HELOC on my primary. 

The last rental I did was an reo and I used traditional financing. 

Traditional banks will not lend to someone without a social security number, that is as far as I know.

We chose to use a turnkey provider because it's a lot less work than doing a traditional purchase using an agent.

But it does seem like a possible way to buy with little money down..I wonder if the process would be easier than buying a traditional REO with financing as the financing in this case is provided by the seller.

I compiled a bunch of excerpts for my blog, was wondering if there were any reactionsHow much does your traditional real estate agent make?

The income produced from the asset alone will not be enough.This of course assumes we are speaking about traditional financing and not any creative strategies.