My company locked up an investment home 3 blocks from my house for $75K and it is much larger than my house.

After several more days of trying to get into contact with the prior owner I posted a "bluff" lock change letter on the door.

To answer the OP question - Yes - you can get around the FNMA 90 Day rule - once you get your deal locked up with the bank you can have your realtor / broker whomever do an addendum to get it reduced to 0 days or whatever.I do it all the time - successful more then not.

So we have a maintenance nightmare on our hands but the chance to lock these valuable income properties in at todays prices and maybe take control of entire complex.

There are lots of these deal out there, but I have not been able to lock one down.

I know its a lofty goal but I figure if I can lock the house up I can always figure a way to move it.

Do you think there is anything else i can do to better my chances of getting a property locked up?

IMO, buy as needed unless you come across something great (flooring, appliances, door locks, etc).

If you need a thread title changed, we can make that change for you.We've found people sabotage threads in the past, and have thus limited the ability to do that.If a thread is outdated, a moderator or admin can remove it, lock it, or update it as needed.

Chris - Please turn your CAPS LOCK off.