Skip to content
×
Pro Members Get Full Access
Succeed in real estate investing with proven toolkits that have helped thousands of aspiring and existing investors achieve financial freedom.
$0 TODAY
$32.50/month, billed annually after your 7-day trial.
Cancel anytime
Find the right properties and ace your analysis
Market Finder with key investor metrics for all US markets, plus a list of recommended markets.
Deal Finder with investor-focused filters and notifications for new properties
Unlimited access to 9+ rental analysis calculators and rent estimator tools
Off-market deal finding software from Invelo ($638 value)
Supercharge your network
Pro profile badge
Pro exclusive community forums and threads
Build your landlord command center
All-in-one property management software from RentRedi ($240 value)
Portfolio monitoring and accounting from Stessa
Lawyer-approved lease agreement packages for all 50-states ($4,950 value) *annual subscribers only
Shortcut the learning curve
Live Q&A sessions with experts
Webinar replay archive
50% off investing courses ($290 value)
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Wholesaling
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

36
Posts
3
Votes
Julian Robinson
  • Jacksonville, FL
3
Votes |
36
Posts

REO wholesaling

Julian Robinson
  • Jacksonville, FL
Posted Dec 18 2014, 08:14

I have a question regarding Fannie-Mae housing. I have read the multitudes of forums on wholesaling Fanni-Mae Home path properties, stating you can't assign the contract within a 30 day period, or if it is over 120% of the sale price. I am new to REI, but having read all these forum I am still unsure if assigning a contract via wholesaling is outlawed completely or as long as its under 120% of the sale price it is legal and easily accepted?

My standpoint is if you assign the contract to an end buyer for less than 120% of the sale price, and the end buyer keeps/upholds the 90-day holding period, will that be accepted?

Loading replies...