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Author Topic: Wholesaling Homepath or FHA Houses  (Read 328 times)

Offline ruukie

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  • Posts: 25
Wholesaling Homepath or FHA Houses
« on: May 25, 2020, 05:49:50 am »
Are we able to wholesale homes that are under Homepath or FHA?  I was told there are many restrictions or obstacles to deal with.  If it's possible, what's the proper way?  Please share your thoughts.  Thanks.

Offline Randoskie

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Re: Wholesaling Homepath or FHA Houses
« Reply #1 on: May 28, 2020, 02:22:50 pm »
I don't know what Homepath is, but I've wholesaled many FHA homes and the buyers always have cash or bring in a new loan, so I dont think it matters one iota who holds the mortgage.
However if your talking foreclosures, the banks have all these restrictions and rules and and it's ridiculous and u have to deal with realtors and yada yada.
I'll send u a free book if u PM me.
Rando

Offline ruukie

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Re: Wholesaling Homepath or FHA Houses
« Reply #2 on: May 29, 2020, 03:20:59 am »
I don't know what Homepath is, but I've wholesaled many FHA homes and the buyers always have cash or bring in a new loan, so I dont think it matters one iota who holds the mortgage.
However if your talking foreclosures, the banks have all these restrictions and rules and and it's ridiculous and u have to deal with realtors and yada yada.
I'll send u a free book if u PM me.
Rando

Thank you Randoskie for responding.  Very much appreciate it!  I believe Homepath properties are managed by Fannie Mae.  I'm eyeing on a Homepath property that's been on the market for 2 months now but I wish i know how to wholesale it.  Anyway, pls check your PM, really appreciate your help.  Thanks again.

Offline ruukie

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Re: Wholesaling Homepath or FHA Houses
« Reply #3 on: May 29, 2020, 03:46:35 am »
Hi Randoskie:

I have PM you but I don't know if my message went through.  If anything, let me know. 

 




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