If not sold at the auction, bank buys back the property.

If you're not familiar it basically recommends that you have a bunch of bank accounts (income, profit, owner's pay, taxes, and operating expenses) and when money comes in you distribute it among your bank accounts in some predetermined percentages (profit first of course!)

I have money in savings that I can use as down payment, but with not showing much income right now, will a bank approve me?

One question that has come up as I begin the rehab process is about how long will banks or loan officers require consistent rental income for short term rental until they'll approve a refi?

Have any of you used 2 email addresses and had the incoming funds routed to 2 separate accounts at a bank?  

need creative new ideas to qualify for local bank or credit union.unless any PML WANT help this dumb newbie disabled military veteran with ptsd get cash out refi so i can buy a 6-8 unit and repeat.

@Jeremy Resmer  Smaller banks or credit unions in your area - you just have to keep calling. 

The house is worth roughly 130 and I owed the bank 52 . if I refinance as a investment property the only going to give me 75% of the appraised value higher APR.

@Dave Passey so basically the person is telling the bank they moved their primary residence.

I made an offer on an REO as an owner occupant a little over a week ago and the realtor said that the bank went with a higher offer.