Due to the increased incidence of preforeclosure sales, Fannie Mae is establishing a 2-year elapsed time period for reestablishing credit following completion of the action.Why has Fannie done this?

all posted above are great advices and should be followed if you wanted to increase you sales more. patience and just keep on working hard.

If you have that number you would be able to determine your maximum price.Use the following formula:[After Repair Value (ARV) x 70%] – Repairs = Maximum PriceIn a slow or declining market you may want to multiply the ARV by 60-65%. 8)

However, when they don't follow through, you'll be in a position where you must get rid of them or lose credibility.Good Luck,Mike

If the numbers make sense lets get together.Sincerely,Jay Feldmanhttp://www.phoenixsolutionsllc.netThis above all: to thine own self be true, And it must follow, as the night the day,Thou canst not be false to any man.

So for what it is worth with those provisos:IF your client can fit ALL of the following there may be loans out there:1) 65% LTV2) Preferably this is a ** Seasoned ** REFI that is "Rate and Term".

All that would need to happen is that a door not latch behind you, and I would be on the hook for everything that followed.

In this deal there is 53 percent profit in 45 days to the student after paying me my portion.53% divided by 45 = 1.77 percent per day.If this deal was followed up with another similar deal then another ...etc the potential is 1.77% X 365 daysin a year = 646.05 percent per year.

As far as the do's and dont's, you must follow the IRS rules and guidelines as they pertain to qulaified retirement accounts.I do have another thread here on BP talking about self directed IRA's, you may want to read up on them.

Rent and Sales should follow the same logic as each other.