Agent buying houses
There's a real estate co. In my area that gets all the Freddie Mac listings. The listing agent purchases all the houses thats understand 20k under his girlfriends name, keeps them in the awful condition for the time period the sells them for sometimes4x's what he paid for them. My agent is saying he is getting away with because she is not related, but if she is buying all these homes it's not owner occupancy or does that not matter. I know whe we try to buy Fannie Mae we have to wait X amount of days, the agent is saying his gf is owner occupancy, he works for a terrible company that does the same thing. This is ridiculous, we completely remodel all of our homes and provide a great living for our tenants. They sometimes don't even list the properties, or we find out day 1 on MLSand they say they already received accepted offer. Thoughts?