OfflineHas anyone run into this problem, I just recently saw a few HUD house that where really nice going for a great price but the wont accept Assign contracts and now Fannie Mae is saying no also. Now if I cant assign I was thinking on a double closing but I would have to be approve for a home loan.. how can a pull this off with no money and I already own a home of my own. Anyone got any ideas also is anyone else running into these problems in Arizona or Tucson?
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transactional funding
Always Looking to Acquire Houses | Always Looking to Amaze Investors
In most every case, if a lender is involved in the decision making process such as with a short sale or REO, please know that the lender will almost never agree to allow an assignment. However, you can always act as a bird-dog or like suggested use transactional lending.
2 great companies to use are:
www.insiderscash.com & www.coastal-funding.com
Wish You Well
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