In my quest to find discounted properties I came across a list of companies that sell properties owned by Fannie and Freddie. From what I understand this list is mainly used by real estate agents (they try to list these properties for the companies). Can someone tell me if this list can be utilized by someone like me (a wholesaler), meaning would I be able to wholesale these properties. I know there are some stipulations that restrict me from doing certain deals and may have to get transactional funding and things like that…but as of right now I am a bit confused as to what to do with this info!
You can probably do a double close but you can’t do a traditional assignment as FMFM won’t allow it.