He has basically two options allow buyers access or accept a low price based on an assumption that it needs full renovation. 

It's basically free advertising for the 1-2 Realtors they choose.

It's basically free advertising for the few Realtors they choose.

A syndication is basically gathering a bunch of people together to passively invest in your/your partners deal. 3.

The (build it) and they will come statement simply doesn't work in the weak suburban to rural type areas on a mass scale.

The language for the loan approval in the contract basically just says the buyer has to make a good faith effort to obtain the loan commitment within 45 days of the contract or 5 days before losing, whichever is earlier.

So if I pay him 8% on his loan to me, he would basically net 4% himself(Given these are not exact percentages)Is that correct thinking?

So, those scammers would buy a fixer upper for 70K, put in new windows (vinyl windows was a sure sign of a fraud, because no restored home would put those in) and do a basic renovation.

Get basic cooking things--toaster, bender, set of dishes, pots and pan, mixing bowls, mixer, serving spoons, spatulas, flatware, etc.4. 

However, a 203k loan is basically a HFA loan that also allows you to also roll in the renovation costs - https://www.amerifirst.com/amerifirst-blog/bid/866...This is probably the best fit and I would find a local banker/broker that can assist with this.