@Vivek ShahBack in 2017, Fannie Mae quietly announced a change that allows transfers to LLCs under certain conditions:"The mortgage loan was purchased or securitized by Fannie Mae on or after June 1, 2016, and the LLC is controlled by the original borrower or the original borrower owns a majority interest in the LLC, and if the transfer results in a permitted change of occupancy type to an investment property, such change does not violate the security instrument (for example, the 12 month occupancy requirement for a principal residence)."

Buyer’s obligations under this Agreement are NOT CONTINGENT upon Buyer securing any financing in the purchase of the Property.

Usually they will search for apartment brokers or commercial real estate brokers that specialize in apartments  so you're going to need to approach it from that angle.The most effective method to find off market deals is to call the owners directly.

A very good friend brought a realtor who specializes in this type of project, her buyer had been working on this for several years and fell through and so we were able to step in after most of the water rights were secured.

@Justin Dyer 2 things:1- I am a partner in a property management company in Richmond, VA and invest in Richmond using the BRRRR method.  

*I improvised and gave her the cashiers check first, it was still blank, for her own security so that she felt comfortable signing Warranty Deed etc. - Notary witnessed too (I'm winging it here!). 

Appreciate the cautious words surrounding the BRRRR method. 

Has anyone purchased a single family home or Duplex in WI using this method?

Don't threaten to keep the security deposit. 

When I reviewed the actual TD, it said something to the effect of "this TD secures a  maximum of 501K in debt" since it was the TD securing a LOC.