From where I sit, it appears that the point of the strategy is to avoid the seasoning requirement.

A SFH I am interested in - which I know was foreclosed.  Fannie Mae was the grantee of the homeowner's deed and several months ago ( over 6).  It's now REO by Fannie Mae.I've been following the property, however it ha...

It appears as though you have 2/3.Find good deals, be a facilitator, the money will find you.

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Maintaining a professional attitude and appearance will be one of my top priorities.

It was foreclosed on previously and already vacant for a few months it appears.

Seems like a good opportunity and appears to cash flow on paper.

I've looked into Investors Bank and they don't appear to do REI loans.

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.- The seller has 2 duplexes that appear identical in Columbia county between Madison and Lake Wisconsin.- The pro forma rent is listed for $975 / month (estimated from gross income).- Each unit is 3BR / 2BA,1200 square feet.