@Upen Patel do you have non conventional products for rehab?

Giving an EMD to a non-owner is asking for it to disappear.An estate needs to be opened regardless.

I would talk to a financial advisor, particularly one who is not motivated to just sell to your mom.An idea I heard on one of the earlier episodes of the podcast is investing in high quality, discounted notes.

I am pre-approved and best loan rates I am getting are around 4.5% at about 25% down payment for non-owner occupied conventional/conforming.

What I mean is you can sit down and tell her the above: the changes she wants are cosmetic, non-material things that do not affect her quality of life or safety.

And that's going to be different than buying a non-performing loan that you take to foreclosure and turn into a rental after you acquire it.

sure you can back out you just lose your 2500 bidders fee and if the EM is non refundable in the contract you lose that as well.Auction . com is not a site you can play the wholesale assignment game very well at.you MUST close in the name of the entity you made the bid in.. you must have proof of funds in that companies name etc etc..

Wanted to see how others in the BP community have navigated the transition to non recourse lending.

I'm trying to understand if it's an actual rate difference (commercial property vs non-commercial property), or if it's a difference in metrics based on rents etc. 

Would seller financing or seller carryback without a personal guarantee count as non recourse lending?